Which description BEST describes economics?
A. Economics is the study of decision-making.
B. Economics is the study of the allocation of scarce resources.
C. Economics is the study of the economy.
D. Economics is the study of production and consumption.
Answer:B
Which description BEST describes economics?
A. Economics is the study of decision-making. B. Economics is the study of the allocation of scarce resources. C. Economics is the study of the economy. D. Economics is the study of production and consumption.