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Dymondmonae Dymondmonae
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Posts: 489
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4 years ago
Which of the following is the best definition of economics?

▸ The study of how the government allocates tax revenue

▸ The study of how individuals and societies choose to use the scarce resources that nature and previous generations have provided

▸ The study of how consumers spend their income

▸ The study of how firms decide what inputs to hire and what outputs to produce
Textbook 
Essential Economics for Business

Essential Economics for Business


Edition: 5th
Authors:
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cuddahy99cuddahy99
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Posts: 405
4 years ago
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You make an excellent tutor!
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this is exactly what I needed
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