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18 Aug 2020
Which of the following is the best definition of economics?
a. Economics is the study of how to eliminate scarcity associated with the goods and services we produce.
b. Economics is the study of how to manage city and county government to generate the greatest good to its citizens.
c. Economics is the study of how people choose to allocate their scarce resources to satisfy their unlimited wants.
d. Economics is the study of how to track revenues and costs within a business.
Which of the following is the best definition of economics?
a. Economics is the study of how to eliminate scarcity associated with the goods and services we produce.
b. Economics is the study of how to manage city and county government to generate the greatest good to its citizens.
c. Economics is the study of how people choose to allocate their scarce resources to satisfy their unlimited wants.
d. Economics is the study of how to track revenues and costs within a business.
b. Economics is the study of how to manage city and county government to generate the greatest good to its citizens.
c. Economics is the study of how people choose to allocate their scarce resources to satisfy their unlimited wants.
d. Economics is the study of how to track revenues and costs within a business.
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