Resource allocation is the main focus of economics.
<u>Explanation:
</u>
Man’s needs and wants are unlimited but the availability of resources are limited and also due to the uneven distribution of the same economics has evolved into a branch of study consisting of ideas, theories and explanations about resource allocation.
Had there been equal access to resources to all the people, there wouldn’t have been a branch of study called economics. It can be studied at a micro level i.e., at the level of an individual and at a macro level i.e., at the level of group.
