Asked by Özge SA?IR on May 16, 2024
Verified
Economists study how people make decisions.
Economists
Individuals dedicated to analyzing the creation, dissemination, and consumption patterns of goods and services.
Decisions
The act of making choices between alternatives to achieve a goal or solve a problem.
- Recognize the basic principles of decision making in economics.
Verified Answer
GS
Gurman SinghMay 21, 2024
Final Answer :
True
Explanation :
Economists analyze how individuals, businesses, and governments allocate resources and make decisions to maximize efficiency and welfare.
Learning Objectives
- Recognize the basic principles of decision making in economics.