Question

state the meaning of economic problems​

Answer 1

Answer:

✒✒Economic problems are the science that studies human behavior in relationship with ends and scarce means that have alternative uses.

✒✒ Economic problems asserts that an economy's finite resources are insufficient to satisfy all human wants and needs.

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Answer 2

' Economic problems asserts that an economy's finite resources are insufficient to satisfy all human wants and needs. Economics involves the study of how to allocate resources in conditions of scarcity.

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