Economics Is Often Described as a Science of Constrained Choice

question 181

Essay

Economics is often described as a science of constrained choice. How do you justify this argument?

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Definitions:

Need for Affiliation

A psychological and social phenomenon where individuals seek emotional support, validation, or companionship from others; often seen as a fundamental human motive.

Employees

Individuals who are hired by someone for wages or salary, often to perform specific duties within an organization.

Workplace Conflicts

Disagreements or disputes between employees or between employees and management, which can arise from differences in personality, values, or interests.

Affiliation-oriented

A focus or emphasis on building relationships and forming connections with others.