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Which of the following is the best definition of Economics?

A. Study of maximizing returns on shareholder's investments

B. Study of government policies to manage cities

C. Study of allocation of scarce resources

D. Study of tracking costs and revenue in a company

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Yusra Anees
Yusra AneesLv10
20 Oct 2020
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Related questions

Which of the following is the best definition of economics?

a. Economics is the study of how to manage corporations to generate the greatest return on shareholder investment.

b. Economics is the study of how to manage city and country government to generate the greatest good to its citizens.

c. Economics is the study of how society chooses to allocate its scarce resources.

d. Economics is the study of how to track revenues and costs in a business.

Which of the following is the best definition of economics?

a) Economics is the study of how to manage corporations to generate the greatest return on shareholder investment
b) Economics is the study of how to manage city and county government to generate the greatest goods to its citizens
c) Economics is the study of how society chooses to allocate its scarce resources
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?
Ā 
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.

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