Question

Economics is a social science because A. it is based on studying the actions of individuals. B. it applies the scientific method to the study of the interactions among individuals. C. it considers human behavior long dash particularly ​decision-making behavior. D. all of the above. Click to select your answer.

Answer 1

Answer: Option (D) is correct.

Explanation:

Economics is known as the dismal science that deals with the problem of the distribution, production, and consumption of commodities and other services. It also tends to focus on the interaction and behavior of economic agents.

It is considered as an social science since it generally deals with notion of how individuals tend to deal with scarcity. Alongside this, it is also considered as one of several disciplines that tends to apply the several scientific method in order to study human behavior.