In the broadest sense, economics studies the choices that:
A) people and communities make in disposing of unnecessary resources.
B) federal and state governments make in creating natural resources.
C) companies make in producing goods and services for corporate use.
D) people, governments, and companies make in allocating resources.

Question

Quizplus · Accepted Answer

Economics is the study of how people, governments and companies make choices about using limited resources to fulfill unlimited wants and needs. Therefore, the best choice is D - people, governments, and companies make in allocating resources.

In the Broadest Sense, Economics Studies the Choices That