Answered

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is the study of how individuals and societies make choices under the
condition of scarcity
Business
Capital
Economics
Scarcity


Sagot :

Final answer:

Economics is the study of choice under scarcity.


Explanation:

Economics is the study of choice in the face of scarcity. Scarcity is the fundamental concept of economics, representing the limited availability of resources in comparison to unlimited human wants.


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