Economy, asked by ravishah1952, 8 months ago

choice a core parameter in the study of economics?

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Answered by riteshmahato2005

10

Answer:

Choice is the core parameter for the study of economics as the scarcity of resources leads to the problem of choice that is when resources are scarce ,society can not get all what it wants from the available resources therefore it has to choose which want to satisfy and which want to sacrify.To solve this problem we study economics...

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