Economics is the study of how individuals, businesses, and governments make choices to allocate resources. It helps us understand how societies produce, distribute, and consume goods and services. We should choose to study economics because it provides valuable insights into how the world works and helps us make informed decisions about resource allocation and policy-making.
The best definition is that by Lionel Robins, "Economics is the social sciences which studies human behavior as a relationship between ends and scare means which has alternative uses"
The efficient use of scarce productive resources.
The process a firm uses to turn inputs into outputs.
economic is the best for us because it can use it every where haha
fundamental principle
All Of These ( A+ )
Choose the definition that best describes this term. Aria.
The best definition is that by Lionel Robins, "Economics is the social sciences which studies human behavior as a relationship between ends and scare means which has alternative uses"
The efficient use of scarce productive resources.
to reflect
The process a firm uses to turn inputs into outputs.
Electrical charge is a fundamental property of matter that determines how it interacts with electromagnetic fields. To choose the appropriate definition, one should consider the context in which the term is being used and select the definition that best fits that context.
Solid
salt-former ;)
salt-former ;)
quisling
relative dating of artifacts