Economy, asked by nawazkhan78617, 1 year ago

name the seven laws of economics

Answers

Answered by Asma444
1
SEVEN ECONOMIC RULES: A set ofseven fundamental notions that reflect the study of economics and how theeconomy operates. They are: (1) scarcity, (2) subjectivity, (3) inequality, (4) competition, (5) imperfection, (6) ignorance, and (7) complexity.

nawazkhan78617: #1 law of diminishing marginal utility #2 law of variable proportion #3 law of supply #4 law of demand #5 law of equi marginal utility #6???? #7????
Answered by Anonymous
1
Here is your answer ⬇️⬇️⬇️⬇️

A set ofseven fundamental notions that reflect the study of economics and how theeconomy operates.

They are:

(1) scarcity

(2) subjectivity

(3) inequality

(4) competition

(5) imperfection

(6) ignorance

(7) complexity.


HOPE IT HELPS YOU !!!
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