Economy, asked by Khayez882, 11 months ago

Explain the basic economics problems.

Answers

Answered by saloni3115

It is often said that the central purpose of economic activity is the production of goods and services to satisfy our changing needs and wants. The basic economic problem is about scarcity and choice.

Previous Question

Next Question

Similar questions

Math, 6 months ago

find the product 480651 ×6...

Math, 6 months ago

For quadratic equation ax2+bx+c=0 the expression (b2-4ac) is called its …………………………………… ...

Science, 6 months ago

1.Mother is _________ the kitchen. 2. Don’t be late _------------_school. 3. Are you the new student-------- Portugal? 4. Are you a teacher ----------this school? 5.Compare your answers ------- your partner. 6. Jessica is -------vacation. 7. Look ------- the flowers. 8. Adam's birthday is------- 9. What is this called ----English? 10. Don’t run----------- the classroom.

History, 11 months ago

Define the term civilization and elaborate on its scope.

Sociology, 11 months ago

Explain benefits of Tadasana.

Chemistry, 1 year ago

oxidation number of P in PCL5...

Physics, 1 year ago

Principle of ideal machine...

Math, 1 year ago

what are the solutions of equation -4n^2-74n+2738...