Resources are scarce while human wants are unlimited. To get the most benefit from limited resources, economics studies how people allocate these scarce resources to satisfy unlimited wants.
Resources are scarce while human wants are unlimited. To get the most benefit from limited resources, economics studies how people allocate these scarce resources to satisfy unlimited wants.
Resources are scarce while human wants are unlimited. To get the most benefit from limited resources, economics studies how people allocate these scarce resources to satisfy unlimited wants.