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Describe some of the trade-offs faced by each of the following: a) A family decide whether to go the vacation b) A Finance Minister deciding how much to spend on National Museums c) A Company CEO deciding whether to expand existing factory

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Describe some of the trade-offs faced by each of the following: a) A family decide whether to go the vacation b) A Finance Minister deciding how much to spend on National Museums c) A Company CEO deciding whether to expand existing factory