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Why do you think that economic is often said to be the science that studies choices?
Wiki User
∙ 9y ago
Limited resources make choices necessary.
Gerardo Glover
Wiki User
∙ 9y agoEconomics is seen as the science that studies choices because the economy is very fluid and highly dependent on human choice. Those who study the economy not only analyze the effects of those choices, but also predict the results of future choices.
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Why do you think that economics is often said be the science that studies choices?
Limited resources make choices necessary.
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Is a set of choices often graphical in a grid or a list?
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