Question

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why do we study economics
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Answer 1

Answer:

Human wants unlimited. The study of activities done to satisfy these unlimited wants with limited and scarce resources is called Economics. To satisfy this we study Economics

Explanation:

Economics is a Science concerned with th allocation of scarce means of resources.

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. Customers can maximize their satisfaction, producers can maximize their profits and society can maximize its social welfare.

• Economics is the study of unlimited human wants and the activities done to satisfy these unlimited wants with limited and scarce resources.

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@dipak121