Asked by Tiffany Riggs-Kredit on Jul 22, 2024

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Economics is the study of ______ .

Economics

The social science that studies how individuals, governments, firms, and nations make choices on allocating resources to satisfy their wants and needs.

  • Understand the ways in which individuals and communities react to incentives and the consequences for public policy.
  • Comprehend the role of marginal analysis within decision-making frameworks.
  • Acquire knowledge about the notion of productivity and its evaluation in economic contexts.
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JF
Julianna FrancoJul 24, 2024
Final Answer :
how society manages its scarce resources.