Question #261415

What is economics




Expert's answer

Economics is the study of how individuals allocate resources to satisfy unlimited neeeds. It can also be define as the social science that deals with production ,distribution and consumption of goods and services. It studies how individuals, goverments , businesses and nations make choices about how to locate resources.


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

LATEST TUTORIALS
APPROVED BY CLIENTS