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Pani-rosa [81]
3 years ago
14

(01.02 MC)

Business
1 answer:
mart [117]3 years ago
8 0

Answer:Ob

---ways people obtain their wants with limited resources

Explanation:

Economics as defined by Lionel Robbins is  the science  that studies human behavior as a relationship between ends and scarce means which have alternative uses.

The economy generally is filled with people having unlimited wants but the resources(  land, labour, capital and enterpreneur) to satisfying these wants are Limited and scarce . Economics studies how the society  (government and businesses)use these scarce resources to satisfy or meet its unlimited wants by  providing variety of goods and services from the scarce resources  so that people can have choices  to choose from in satisfying their limitless wants in order of preferences.

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Answer:

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data given for accounts receivable and inventory is irrelevant since both are part of operating cash flow which is already estimated.

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