Economics is best defined as the study of how individuals decide to use limited resources in an attempt to satisfy unlimited wants.

Name: Economics is best defined as the study of how individuals decide to use limited resources in an attempt to satisfy unlimited wants.
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Economics is the study of how individuals and societies allocate scarce resources to satisfy their unlimited wants. It is concerned with the production, consumption, and distribution of goods and services.

Economics Is Best Defined as the Study of How Individuals