Question

concept of economics and significance of statistics in economics ​

Answer 1

Explanation:

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Answer 2

Answer:

Four keys of economic concept:

•scarcity

•supply and demand

•cost and benefit

•Incentives

significance:

The most important advantage of economics is helping the society decide and formulate the ways for the optical allocation of it's limited and scarce resources....... I hope it's help you...... plz mark as brainlist answer.........