Question

economics tells us that that we are all consumers. a consumer is someone who uses economic goods and services. name one economic good that you have used today. name one economic service that you have used today.

Answer 1

An Economic Good that I have used today is a laptop and an Economic Service that I have used today is bank.

Economics can be defined as a field of science that is focused on the analysis and examination of various principles that influence the production, demand and supply of goods and services.

Another purpose for the studying economics is to examine certain principles that influence the production of goods and services.

So, we can conclude that economics states that we are all consumers and a consumer is someone who uses both economic goods and services.

To learn more about Economic Goods,

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