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Social Studies, 28.01.2020 20:41 mathwhiz9125

The importance of an economic model is that it allows us to:
a. avoid opportunity costs.
b. build an accurate mathematical model of every aspect of the economy.
c. focus on the effects of only one change at a time.
d. build a complex and accurate model of how the economy should work.

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The importance of an economic model is that it allows us to:
a. avoid opportunity costs.
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