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Explain the concept of economic

Answer» Economics is the social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies workHope it was useful?...<br>Economics is the study of how people and society choose to employ scarce resources that could have alternative usesin order to produce different commodities that satisfied human wants and to distribute them for consumption by various person and society.Hope it helps!


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