Which of the following is the study of how a society uses scarce resources to produce and distribute goods and services?
A) finance
B) acculturation
C) economics
D) marketing

Question

Quizplus · Accepted Answer

Economics is the study of how a society uses scarce resources to produce and distribute goods and services, which involves analyzing the allocation of resources, production, exchange, distribution and consumption of goods and services. Finance is the study of managing money and assets while marketing is the study of promoting and selling products or services. Acculturation is the adaptation of a person or group to the culture of a new country or environment.

Which of the Following Is the Study of How a Society