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Describe how the principle of rational choice underlies the law of supply. Use labor supply to demonstrate your answer.
Apples
Commonly refers to the fruit of the apple tree, a popular and widely consumed fruit around the world, or could symbolize computer products from Apple Inc., depending on context.
Bananas
A curved, yellow fruit with a soft, sweet flesh, rich in potassium and commonly consumed worldwide.
Opportunity Cost
The lost benefits of the next best alternative when one alternative is chosen over another.
Price
The amount of funds expected, essential, or submitted in reimbursement for something.
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