The fundamental goal of economics is to

Name: The fundamental goal of economics is to
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The fundamental goal of economics is to address the issue of scarcity, or the fact that resources are limited while human wants and needs are unlimited. This involves understanding how to allocate resources efficiently and effectively in order to maximize societal welfare. The other choices listed (A, B, and C) are not accurate representations of the fundamental goal of economics.

The Fundamental Goal of Economics Is to