The fact that the value of a good is subjective means that O the value of...
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The fact that the value of a good is subjective means that O the value of a good is equal to the labor used to produce it. O voluntary trade makes both parties better off. people do not look at marginal changes in cost or benefit when making decisions. O unintended consequences are not important when forming economic policy. The fact that the value of a good is subjective means that O the value of a good is equal to the labor used to produce it. O voluntary trade makes both parties better off. people do not look at marginal changes in cost or benefit when making decisions. O unintended consequences are not important when forming economic policy.
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