Jamaluddin School, Male' Business Studies / Grade 7 REVISION- WANTS, NEEDS AND RESOURCES Answer ALL question. For each question there will be four possible answers A, B, C and D. Underline the ONE you consider correct.
1. Economics is the study of:
A. Study of wants and needs
B. Study of choice and opportunity cost
C. Study of resources, its utilization and
how decisions are made
D. Study basic needs​
