What concept does economics primarily deal with?
A) scarcity
B) poverty
C) change
D) power

Name: What concept does economics primarily deal with? A) scarcity B) poverty C) change D) power
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Question

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Economics primarily deals with the concept of scarcity, which is the idea that resources are limited while human wants and needs are unlimited. This creates the need for individuals, businesses, and societies to make choices and trade-offs about what goods and services to produce and consume.

What Concept Does Economics Primarily Deal With