Respuesta :
Economics exists the study of scarcity and its implications for the use of resources, production of goods and services, development of production and welfare over the period, and a great variety of other complicated problems of vital concern to society.
What is Economics?
Economics exists the study of scarcity and its implications for the use of resources, production of goods and services, development of production and welfare over the period, and a great variety of other complicated problems of vital concern to society. Economics exists as the social science that analyzes the production, distribution, and consumption of goods and services. Economics concentrates on the behavior and interactions of economic representatives and how economies work.
The second statement best characterizes why economies create these decisions because the resources exist scarce and therefore the economies must create a suitable decision to make sure that the resources exist sustainable.
An economy exists as a place of production, distribution, and trade, as well as the consumption of goods and services. In general, it is described as a social domain that accentuates the practices, discourses, and material expressions associated with the production, usage, and administration of scarce resources.
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