Economics is the study of what?

A) the production, distribution, and consumption of goods and services

B) the supply and demand of products in capitalism

C) the change from the barter system to the money system

D) the difference between capitalist, communist, and socialist states

i think its the supply and demand of products in capitalism but not 100% sure

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Giada Foley

31 July, 08:55

Economics is the study of what?

A) the production, distribution, and consumption of goods and services

B) the supply and demand of products in capitalism

C) the change from the barter system to the money system

D) the difference between capitalist, communist, and socialist states

i think its the supply and demand of products in capitalism but not 100% sure

+2

Answers (1)

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Abdullah Drake · Answer 1

Economics is the study of how societies use scarce resources to produce valuable commodities and distribute them among different people. Behind this definition are two key ideas in economics : that goods are scarce and that society must use its resources efficiently. so. A.