Economics is the study of (a) How society manages its unlimited resources. (b) How to reduce our wants until we are satisfied (c) How society manages its scarce resources. (d) How to fully satisfy our unlimited wants.

Economics is the study of (a) How society manages its unlimited resources. (b) How to reduce our wants until we are satisfied (c) How society manages its scarce resources. (d) How to fully satisfy our unlimited wants.

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter1: What Is Economics

Section: Chapter Questions

Problem 7AA

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Question

Economics is the study of
(a) How society manages its unlimited resources.
(b) How to reduce our wants until we are satisfied
(c) How society manages its scarce resources.
(d) How to fully satisfy our unlimited wants.

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