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According to In Focus: Hooking Up on Campus, _____ have more permissive attitudes toward hooking up, and _____ report that hooking up is a more positive than negative experience.
Normative Economics
The branch of economic analysis that makes prescriptions about the way the economy should work.
Allocatively Efficient
A situation where resources are distributed in a way that maximizes the net benefit to society, often where marginal cost equals marginal benefit.
Productively Efficient
A situation where goods or services are produced at the lowest possible cost, maximizing the allocation of resources.
Opportunity Cost
The drawback of dismissing the next superior alternative during the decision process.
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