Economics is best described as the a. study of choice when ...

[Beheh]

Economics is best described as the
 a. study of choice when scarcity exists
  b. study of the production of goods and services
  c. theory of consumer behavior
  d. science of money
  e. art of spending money wisely

Question 2

Economics is the study of
 a. how the human race differs from other species
  b. how individuals amass personal fortunes in the stock market
  c. how individuals and nations deal with the problem of scarcity
  d. role that money plays in the economy
  e. how goods and services are distributed throughout the world

[laurnthompson]

Answer to Question 1

A

Answer to Question 2

C