4 years ago

Economics is the study of what?

2 answers:

7 0

Answer:Economics is the study of how societies use scarce resources to produce valuable commodities and distribute them among different people. Behind this definition are two key ideas in economics: that goods are scarce and that society must use its resources efficiently.

Explanation:

Naily [24]4 years ago

6 0

Answer:

Economics can be defined in a few different ways. It's the study of scarcity, the study of how people use resources and respond to incentives, or the study of decision-making.

Explanation:

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