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Wants to give fire fighters a large increase in pay. b. A business wants to enlarge its plant. c. A family wants to go on an extended vacation. d. all of the above 26. Which of the following is NOT true about economic decision making? a. It applies to almost all kinds of decisions. b. It has not been proven as a way of making good decisions. c. It is a process of choosing which wants will be satisfied. d. It is a six-step process. 27. What step is defining the problem in the decision-mak.

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