Which of the Following Statements Provides the Best Definition of Economics

question 87

Multiple Choice

Which of the following statements provides the best definition of economics?

• A)The study of the most equitable distribution of scarce resources.
• B)The study of the use of scarce resources to satisfy unlimited human wants.
• C)The study of the production of goods and services.
• D)The study of the productive capacity of a nation's factors of production.
• E)The study of production and increasing its efficiency.

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Definitions:

Metallic

Pertaining to elements that exhibit metallic properties, including luster, conductivity, and malleability.

Intermolecular

Pertaining to the forces or interactions that occur between molecules, affecting their physical properties and behaviors.

Electron Shells

Levels or orbits around the nucleus of an atom where electrons are likely to be found.

Protons

Positively charged particles found within an atom's nucleus.