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Which of the following best represents how a basic economic choice is made in a market economy?


States pass laws prohibiting people under the age of 21 from purchasing alcohol.


The hours that can be worked by children under 16 is limited.


A rare baseball card sells at an auction for $2 million.


The production of lead paint is banned because of the potential negative health impacts on children.


Products are produced using methods that have been used by craftsmen for decades.

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