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The statement, "If a deal is too good to be true, then it probably is not true," is most closely related to which core economic principle? a
The statement, "If a deal is too good to be true, then it probably is not true," is most closely related to which core economic principle?
a. The No-Cash-on-the-Table Principle
b. The Low-Hanging Fruit principle
c. The Cost-Benefit Principle
d. The Scarcity Principle
Expert Solution
The correct answer is a. The No-Cash-on-the-Table Principle.
- This is because real amazing deals can only be achieved by extremely hard work, some type of extremely rare talent, or (very rare) luck.
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