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What is economy and economics

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What is economy and economics

    • Posted by Gyanmani Kumar 7 years, 1 month ago

    CBSE > Class 12 > Economics
    • 2 answers

    Riya Jain 7 years, 1 month ago

    Ye question mere viva me poocha tha external ne

    1Thank You

    Abhishek Thakur 7 years, 1 month ago

    Economy is a system which provide livelihood to the people. Economics is a subject which studies how to allocate scarce resources in such a manner that consumer can maximize its satisfaction, producer can maximize its profit and society can maximise its welfare.

    3Thank You

    ANSWER
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