____ is the study of how scarce resources are used to create wealth and how that wealth is distributed.
A) Economics
B) Management
C) Sociology
D) Finance
E) Ecology

Question

Quizplus · Accepted Answer

Economics is the social science that studies how societies use scarce resources to produce valuable commodities and distribute them among different people. It examines how individuals, businesses, governments, and other organizations make decisions about the allocation of resources to satisfy their needs and wants.

____ Is the Study of How Scarce Resources Are Used