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  • 18-01-2022
  • Business
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explain why economics is often called the study of choices

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lz54428
lz54428 lz54428
  • 18-01-2022

Answer:

Ultimately, economics is the study of choice. Because choices range over every imaginable aspect of human experience, so does economics. Economists have investigated the nature of family life, the arts, education, crime, sports, law—the list is virtually endless because so much of our lives involves making choices.

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