Question

=>> What is economics¿​

Answer 1

Answer:

Economics is the study of how humans make decisions in the face of scarcity. These can be individual decisions, family decisions, business decisions or societal decisions. ... Scarcity means that human wants for goods, services and resources exceed what is available.

Explanation:

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Answer 2

Economics could describe it as: a social science directed at the satisfaction of needs and wants through the allocation of scarce resources which have alternative uses.

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