Economy, asked by tarunbhakkad9, 8 months ago

what doyou mean by an economy
? class 11

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Answered by zarasheikh2257

0

Answer:

Economics is a science that studies human behavior which aims at allocation of scarce resources in such a way that consumer can maximise their satisfaction, producers can maximise their profits and society can maximise its social welfare. ... Scarcity means shortage of goods and resources in relation to their demand...

Answered by farooqmohammad4409

0

economy is directly related to money .

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