Question

Economics
The
elong
mics
8
7. Explain the welfare defination
(445=20)
2
critically examine the scarcity definition
3
Differentiate between microeconomics
and macroeconomics.
which defination of
economics
economics is the​

Answer 1

Explanation:

ᴛʜᴇ ᴡᴇʟꜰᴀʀᴇ ᴅᴇꜰɪɴɪᴛɪᴏɴ ᴏꜰ ᴇᴄᴏɴᴏᴍɪᴄꜱ ɪꜱ ᴀɴ ᴀᴛᴛᴇᴍᴘᴛ ʙʏ ᴀʟꜰʀᴇᴅ ᴍᴀʀꜱʜᴀʟʟ, ᴀ ᴘʟᴏɴᴇᴇʀ ɴᴇᴏᴄʟᴀꜱꜱɪᴄᴀʟ ᴇᴄᴏɴᴏᴍɪꜱᴛ, ᴛᴏ ʀᴇᴅᴇꜰɪɴᴇ ʜɪꜱ ꜰɪᴇʟᴅ ᴏꜰ ꜱᴛᴜᴅʏ. ᴛʜɪꜱ ᴅᴇꜰɪɴɪᴛɪᴏɴ ᴇxᴘᴀɴᴅꜱ ᴛʜᴇ ꜰɪᴇʟᴅ ᴏꜰ ᴇᴄᴏɴᴏᴍɪᴄ ꜱᴄɪᴇɴᴄᴇ ᴛᴏ ᴀ ʟᴀʀɢᴇʀ ꜱᴛᴜᴅʏ ᴏꜰ ʜᴜᴍᴀɴɪᴛʏ.

Hodǝ ıʇ ıs ɥǝldɟnl ..... dlx lıʞǝ ɐυp ɯɐɹʞ ɯǝ ɐs ᙠɹɐıυlıǝsʇ.