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Elis [28]
4 years ago
5

Economics is different from other social sciences because it gives special emphasis to the study of ______; it is similar to oth

er social sciences because they are all concerned with the study of _______.
Business
2 answers:
neonofarm [45]4 years ago
8 0

Answer:

Economics is different from other social sciences because it gives special emphasis to the study of ______; it is similar to other social sciences because they are all concerned with the study of _______.

the answers are opportunity cost; choices

Explanation:

The major emphasis of economics is how people choose among the alternatives available to them. Economics studies the concept of opportunity cost (i.e) the wants left unsatisfied in other to satisfy more pressing needs. Since the study of economics arises as a result of scarcity, the act of choosing important want to be satisfied and leaving less  the less important ones unsatisfied is an important aspect that economics studies

However, It is similar to other social  sciences  because it involves people and their behavior. (i.e people and their choices) subjects such as political science, sociology, psychology etc. all studies human behavior and how human reacts to what they are faced with daily.

KIM [24]4 years ago
3 0

Answer:

The correct answer is letter "C": opportunity costs; choices.

Explanation:

The main focus of Economics is the study of scarcity. Scarcity pushes individuals to make trade-offs because their needs are unlimited but the resources to fulfill those needs are finite. Then, <em>individuals must analyze the </em><u><em>opportunity costs</em></u><em> of </em><u><em>choosing</em></u><em> one product or service or another to satisfy their wants</em>.

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Giving the following information:

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<u>April:</u>

Direct labor hours= 0.25*1,500= 375 hours

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