Question

एकाधिका विक्रेत्याची संख्या किती असते

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Answer 1

Answer:

What Is an Economy?

An economy is the large set of inter-related production, consumption, and exchange activities that aid in determining how scarce resources are allocated. The production, consumption, and distribution of goods and services are used to fulfill the needs of those living and operating within the economy, which is also referred to as an economic system.

Explanation:

An economy is the large set of inter-related production and consumption activities that aid in determining how scarce resources are allocated.

In an economy, the production and consumption of goods and services are used to fulfill the needs of those living and operating within it.

Market-based economies tend to allow goods to flow freely through the market, according to supply and demand.