Multiple Choice
Which of the following best defines economics?
A) Economics is concerned with prices and quantities of goods and services,both at the individual level and at the industry level.
B) Economics helps you earn as much money as possible.
C) Economics studies how to choose the best alternative when coping with scarcity.
D) Economics analyses all aspects of human behaviour in general.
E) Economics teaches how to limit our wants.
Correct Answer:
Verified
Correct Answer:
Verified
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