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1- what goods do you need to live? 2 - what happens to the price of these needed goods if production declines and there are fewer goods to go around? 3 - what are some things you want (but do not need to survive)? 4 - why are some necessities, such as water, cheaper than luxuries like diamonds? 5 - what are some resources businesses need to produce goods? 6 - how do entrepreneurs affect the economy?
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