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Economics is the study is scartcity. This exists due to
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Economics is the study is scartcity. This exists due to

User Ashwin Jayaprakash
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17 votes

Answer:

Economics is the study of how humans make choices under conditions of scarcity. Scarcity exists when human wants for goods and services exceed the available supply. People make decisions in their own self-interest, weighing benefits and costs.

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User Rithesh Rao
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