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91-7206221655 The four principles of economic decisionmaking are: Swipe
91-7206221655 (1.) People face tradeoffs Swipe
91-7206221655 (2.) The cost of something is what you give up to get it Swipe
91-7206221655 (3.) Rational people think at the margin Swipe
91-7206221655 (4.) People respond to incentives Swipe