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3 votes
What term is used to describe the study of using limited resources to fulfill wants and needs?

A.) Business
B.) Economics
C.) Management

asked
User Obenjiro
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7.6k points

2 Answers

1 vote

Answer:

b

Step-by-step explanation:

answered
User Akash Nil
by
8.3k points
5 votes
The answer to the question is B. Economics. Economics studies the relationship between the limited resources and how the concepts of supply and demand work together to gather those resources. Economics is the foundation of how all transactions between buyer, seller, and production all operate together in the concept of markets and business.
answered
User Mike Marks
by
8.2k points

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