Answered: 1. Economics is the study of a.…

1. Economics is the study of a. Production methods. b. How society manages its scarce resources. c. How houscholds decide who performs which tasks. d. The interaction of business and government.

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter1: Ten Principles Of Economics

Section: Chapter Questions

Problem 1CQQ

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1. Economics is the study of
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c. How houscholds decide who performs which tasks.
d. The interaction of business and government.

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