i dont know how to answer it but just once i like to make it nikko14
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A real life example of a cliff are the white cliffs of Dover.
There are actually quite a few real life examples of a midpoint. The Equator is an example of a midpoint.
A gaming die.
Dividing up pizza slices amongst friends
Economics is all about real life situations. All resources are limited and economics is simply about making decisions to use those resources efficiently.