tb mc qu. 01 - 32 economics is a social science. economics is a social science that studies how individuals…

tb mc qu. 01 - 32 economics is a social science. economics is a social science that studies how individuals, insti and society may multiple choice best use resources to maximize satisfaction of economic wants. expand the amount of resources available to them. attain a minimum level of production. reduce the amount of goods and services they need.

tb mc qu. 01 - 32 economics is a social science. economics is a social science that studies how individuals, insti and society may multiple choice best use resources to maximize satisfaction of economic wants. expand the amount of resources available to them. attain a minimum level of production. reduce the amount of goods and services they need.

Answer

Brief Explanations:

Economics focuses on the allocation of scarce resources to satisfy unlimited wants. The goal is to use resources efficiently to maximize satisfaction of economic wants. Expanding resources is not the core focus as resources are assumed to be scarce. Attaining a minimum - level of production is not the over - arching concept, and reducing the amount of goods and services needed is not the main idea either.

Answer:

best use resources to maximize satisfaction of economic wants.