Question

Offering a expensive gift is economic activity or non economic activity or both ?

Answer 1

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❤ᴛʜᴇ ɢɪғᴛ ᴇᴄᴏɴᴏᴍʏ ʀᴇғᴇʀs ᴛᴏ ᴇᴄᴏɴᴏᴍɪᴄ ᴀᴄᴛɪᴠɪᴛʏ ᴄʜᴀʀᴀᴄᴛᴇʀɪsᴇᴅ ʙʏ ᴏғғᴇʀɪɴɢ sᴇʀᴠɪᴄᴇs ᴀɴᴅ ɢᴏᴏᴅs ᴛᴏ ᴏᴛʜᴇʀ ᴍᴇᴍʙᴇʀs ᴏғ ᴛʜᴇ ᴄᴏᴍᴍᴜɴɪᴛʏ ᴡɪᴛʜᴏᴜᴛ ᴛʜᴇ ᴇxᴘᴇᴄᴛᴀᴛɪᴏɴ ᴏғ ᴍᴏɴᴇᴛᴀʀʏ ʀᴇᴡᴀʀᴅ. ᴀ ɢɪғᴛ ᴇᴄᴏɴᴏᴍʏ ᴄʜᴀʟʟᴇɴɢᴇs ᴄᴏɴᴠᴇɴᴛɪᴏɴᴀʟ ᴇᴄᴏɴᴏᴍɪᴄs ᴡʜɪᴄʜ ᴀssᴜᴍᴇs ɪɴᴅɪᴠɪᴅᴜᴀʟs ᴀʀᴇ ᴜᴛɪʟɪᴛʏ ᴍᴀxɪᴍɪsᴇʀs ʙᴀsᴇᴅ ᴏɴ ᴏʙsᴇʀᴠᴀʙʟᴇ ᴍᴏɴᴇᴛᴀʀʏ ɢᴀɪɴ.