Ask Question
BusinessBusiness
27 February, 14:14

Why is the study of economics important

+3
Answers (2)
  1. 27 February, 14:28
    0
    Economics is the study of how societies use scarce resources to produce valuable commodities and distribute them among different people ... Indeed, economics is an important subject because of the fact of scarcity and the desire for efficiency.
  2. 27 February, 16:10
    0
    Answer: Economics is the study of how societies use scarce resources to produce valuable commodities and distribute them among different people Indeed, economics is an important subject because of the fact of scarcity and the desire for efficiency.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Why is the study of economics important ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Outrigger Leisure Products sells 2,000 kayaks per year at a price of $450 per unit. Outrigger sells in a highly competitive market and uses target pricing.
Answers (1)
When preparing for a job interview, identify what a person should not do to their hair
Answers (1)
Under which accounting heads will a company's accountant record costs for advertisements and accrued wages for the month? Advertisements will go in the BLANK account, and accrued wages for the month will be recorded as BLANK.
No Answers
Today, marketers are increasingly emphasizing a tiffany/walmart strategy, which is to offer different variations of the same basic offering to high-end and low-end segments.
Answers (1)
Skysong, Inc. reported net income of $196,870 for 2017. Skysong, Inc. also reported depreciation expense of $36,940 and a loss of $4,720 on the disposal of plant assets.
Answers (1)
New Questions in Business
Identify the features of stocks and bonds. (Must be used once for either Stock or Bond) Ex. Stock - Face value & closing price Bond - Coupon Rate & Maturity Date] Or any other mix and match A. Face Value B. Closing Price C. Coupon Rate D.
Answers (2)
Businesses use different strategies to compete in global markets. The key strategies include licensing, exporting, franchising, contract manufacturing, international joint ventures and strategic alliances, foreign subsidiaries, and foreign direct
Answers (1)
Which of the following are examples of hidden unemployment? Select the two correct answers below. Select all that apply: John is 15 years old and even though he wants to find summer job, he can't.
Answers (1)
Direct comments taken from another author do not have to be paraphrased
Answers (1)
Mattel wanted to determine if a new toy would appeal to preschoolers, so it put six 4-year-olds in a room with several toys and waited to see which ones they played with. what form of research is this?
Answers (1)
Home » Business » Why is the study of economics important
Sign Up Forgot Password?