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Quote: economic decisions require knowledge about the relative cost of resources and demand for alternatives; 'why' does not matter
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Quotation Skeleton
But the "man on the spot" cannot decide … surroundings [p. 525] … All that is significant to him is how … [his resources] have become compared with other things with which he is … or uses. It is always a question of … alter their relative importance are of no interest … Google-1 Google-2
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Topic: economics (21 items)