Exolain why economics deals with alocation and efficient utilization o – InterviewSolution

1.	Exolain why economics deals with alocation and efficient utilization of scarce resources
Answer» The PRIMARY principal is the EFFICIENT allocation of scarce resources. since every ECONOMY has only so much of what are called a factors of production labour, land,and capital the GREATEST wealth generated by any SOCIETY will be achieved through the most efficient and fullest utilization of its resources.

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