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S_A_V [24]
4 years ago
5

Why do you think that economics is often said to be the science that studies choices?

Social Studies
2 answers:
Varvara68 [4.7K]4 years ago
7 0
Economics is driven by individual choices, especially in capitalist systems: The effect of demand and supply is driven by what people choose to spend their money on, and how they value certain things over others.

For example, if people choose to go to Egypt and not to Tunisia for holidays, this will influence the economies of those two countries differently!
-BARSIC- [3]4 years ago
4 0

Why do you think that economics is often said to be the science that studies choices?

-limited resources make choices necessary

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<h3>What is probability?</h3>

The term probability makes reference to the chance of occurrence of a given situation (in this case, color spinning).

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  • The experimental probability refers to the number of outcomes once the experiment was carried out.

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<h3>What is personality?</h3>

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algol13
The description that best explains the significance of the excerpt:
 
<span>"Article IV. The people of this commonwealth have the sole and exclusive right of governing themselves, as a free, sovereign, and independent state; and do, and forever hereafter shall, exercise and enjoy every power, jurisdiction, and right, which is not, or may not hereafter, be by them expressly delegated to the United States of America in Congress assembled.
---Massachusetts state constitution, adopted 1870"
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to the current government of Massachusetts is "this excerpt is an example of a preamble that has no legal force but describes the intent of the document".

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3 years ago
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