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Economics can be defined as the study of? b. how society spends the income of individuals. a. for whom resources are allocated to increase efficiency d. none of the choices are correct. how scarce resources
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Economics can be defined as the study of?

b. how society spends the income of individuals.
a. for whom resources are allocated to increase efficiency
d. none of the choices are correct. how scarce resources are allocated.

User Danilo Cabello
by
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1 Answer

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for whom resources are allocated to increase efficiency. economics can as well be described as the production, distribution and consumption of goods and services. scarce resources that have alternative uses 
User Kohei Watanabe
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