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Here are the best resources to pass ECS 1501 ASSIGNMENT 1. Find ECS 1501 ASSIGNMENT 1 study guides, notes, assignments, and much more.
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ECS 1501 ASSIGNMENT 1
Exam (elaborations) • 5
pages
• 2021
1.1Economics is _______

[1] a study of the ethics of making money.

[2] the study of how scarce resources are allocated in an attempt to satisfy unlimited

wants.

[3] the study of direct and indirect relationships between inputs and outputs in

various production methods.

[4] a sub discipline of business management.

Economics cannot be defined as the study of money. It is concerned with the

economic choices and decisions made by businesses, government and individuals.

Economics is the stud...
1.1Economics is _______

[1] a study of the ethics of making money.

[2] the study of how scarce resources are allocated in an attempt to satisfy unlimited

wants.

[3] the study of direct and indirect relationships between inputs and outputs in

various production methods.

[4] a sub discipline of business management.

Economics cannot be defined as the study of money. It is concerned with the

economic choices and decisions made by businesses, government and individuals.

Economics is the stud...
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