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Why is the study of economics important

User Sosergio
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Answer: Economics is the study of how societies use scarce resources to produce valuable commodities and distribute them among different people Indeed, economics is an important subject because of the fact of scarcity and the desire for efficiency.

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User Forsberg
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Answer:

Economics is the study of how societies use scarce resources to produce valuable commodities and distribute them among different people. ... Indeed, economics is an important subject because of the fact of scarcity and the desire for efficiency.

Step-by-step explanation: