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People who study "Economics of cost and standard of living" investigate the study of choice under conditions of scarcity.
Microeconomics, Macroeconomics, International economics, Development economics are a few themes of "Economics of cost and standard of living".
People study "Economics of cost and standard of living" in order to understand the production, distribution, and consumption of goods and services.
Kenneth Arrow, Gary Becker, Barbara Bergmann are a few specialists of "Economics of cost and standard of living".
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