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15 December, 21:42

What term is used to describe the study of using limited resources to fulfill wants and needs?

A.) Business

B.) Economics

C.) Management

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Answers (1)
  1. 15 December, 23:16
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    The answer to the question is B. Economics. Economics studies the relationship between the limited resources and how the concepts of supply and demand work together to gather those resources. Economics is the foundation of how all transactions between buyer, seller, and production all operate together in the concept of markets and business.
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