why do we economic study?

1.	why do we economic study?
Answer» Economics is the study of how societies use scarce resources to produce valuable commodities and distribute them among different people. Behind this definition are two key ideas in economics: that goods are scarce and that society must use its resources efficiently.<br>Economic us concerned with the study and solution of economic problems in a manner such that the individuals can maximize their gains and the society as whole is able to maximise its social welfare<br>tell me answer

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