# data[].attributes.body
Thinking what's best for the short and long term.
Benefits should/ preferred to be greater than cost.

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For producers

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Satisfaction/ utility of needs and wants.
Exchange for production.

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Next best alternative.
Considering what you gain as you lose.

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Monetary and opportunity.
Seeing through benefits and compromises.

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Price to produce per unit

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Land - Classroom
Labor - Teacher
Capital - Notes from computer

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Somebody/group that takes risk for innovation in production. Advancing in selling.
Payment: Profit

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Tools and the equipment that are used for the production.
Payment: Interest

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Physical effort, the use of workers or working to make that product.
Payment: Wages

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Everything natural used for production
Payment: Rent

# data[].attributes.body
Rent for place of production + Wages + Interest

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Income of Producer

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The amount the producer makes minus the cost it took to make that product.

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When there's a limited amount of resource to produce something that is highly wanted.

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Used for production of goods & services.

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Unlimited needs/wants and limited resources.