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............ is the study of how individuals, families, businesses and societies make choices about ways to use scarce resources to fulfill their wants.

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manhokwe tawanda
manhokwe tawandaLv10
28 Sep 2020
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Related questions

Choose the correct answer for the below:
 
Economics is best defined as a social science that studies show-
 
a. societies allocate scarce resources to satisfy the most important needs of each individual

b. governments allocate scarce resources to satisfy the most important needs of each individual

c. societies allocate scarce resources to satisfy virtually unlimited wants and needs

d. governments allocate scarce resources to satisfy virtually unlimited wants and needs

 

 
Economics is best defined as the study of how people, businesses, government and societies:
A) make choices to cope with scarcity.
B) attain wealth.
C) choose abundance over scarcity.
D) use their infinite resources.
economics is best defined as the study of how people, businesses, governments, and societies
A) make choices to cope with scarcity.
B) attain wealth.
C) choose abundance over scarcity.
D) use their infinite resources.

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