English, asked by Anonymous, 1 month ago

What is economics?
________

Answers

Answered by viditrana2007

Answer:

the branch of knowledge concerned with the production, consumption, and transfer of wealth.

Answered by SweetImposter

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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.

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