3 years ago

Is a good economist always objective? Explain

1 answer:

4 0

Answer:

Economics is described as a social science focused on studying the ordinary business life of people involving their relationship with utility, particularly in production, consumption, and distribution of products and services. It is used in different fields to portray scarcity and utilization of available resources. Therefore, economics exists in any situation that involves the addition of an item which causes a decrease in another. Different economists have designed theories to explain various economic concepts and principles.

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