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A busy professor can't decide whether to stay in his office to grade papers for another hour or to go home and go to bed. This is an example of:

  • equity versus efficiency.
  • how one person's spending is another person's income.
  • economic incentives.
  • marginal analysis.

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M91770424
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