Economics is the study of:
1. How society manages it's unlimitedresources
2. How to reduce our wants until we aresatisfied
3. How society manages it's scare
4. How to fully satisfy our limited wants
resources
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1
Answer:
Economics is the study that establishes an effective relationship between unlimited wants and scarce resources so that the scarce resources are allocated in such a manner that maximum satisfaction can be attained.
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0
Answer:
How to reduce our wants until we aresatisfied
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