Economics is the study of allocating.
to satisfy an unlimited amount of
wants and needs.
infinite money
scarce resources
interest rates
mechanical energy

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Artmaster07love63idn Artmaster07love63idn

03-06-2024
Social Studies

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Economics is the study of allocating.
to satisfy an unlimited amount of
wants and needs.
infinite money
scarce resources
interest rates
mechanical energy

Sagot :

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GinnyAnsweridn GinnyAnsweridn · Answer 1 · 2024-06-03T18:57:44-04:00

Final answer:

Economics is the study of how humans make decisions in the face of scarcity.

Explanation:

Economics is the study of how humans make decisions in the face of scarcity. This scarcity arises because human wants for goods, services, and resources exceed what is available. Resources like labor, tools, land, and raw materials are essential but limited in supply.

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Final answer:

Explanation:

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