________ amounts to a balance between what we want and what we can afford.

Name: ________ amounts to a balance between what we want and what we can afford.
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Economics is the study of how societies use scarce resources to produce valuable commodities and distribute them among different people. It involves the balance between desires and the capacity of the economy to satisfy these desires, essentially focusing on what we want versus what we can afford.

________ Amounts to a Balance Between What We Want and What