Which option best describes the main behavior that economics studies?
A. People making choices based on their limited resources
B. People creating different governments around the world
C. People participating in a traditional musical performance
D. People experiencing the physical symptoms of a disease
SUST

Question

jen20035 jen20035

16-09-2020
Business

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Which option best describes the main behavior that economics studies?
A. People making choices based on their limited resources
B. People creating different governments around the world
C. People participating in a traditional musical performance
D. People experiencing the physical symptoms of a disease
SUST

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topeadeniran2 topeadeniran2 · Answer 1 · 2020-09-16T17:33:35+02:00

Answer: People making choices based on their limited resources

Explanation:

The option best describes the main behavior that economics studies is People making choices based on their limited resources.

Economics is a social science subject which studies how humans behaves due to scarcity and due to the limited resources that are available.

As a result of limited resources, Individuals or economic agents have to make choices and choose the good or service that matters most to them. This is where opportunity cost comes in as other options are left and the best option is chosen.

Kourtniwashington Kourtniwashington · Answer 2 · 2020-11-12T22:55:58+01:00

Kourtniwashington Kourtniwashington

12-11-2020

Answer:

A.people making choices based on their limited resources

Explanation:

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