Why economics is called the Science of Choice?

194 Views|Posted 9 years ago
1 Answer
Vikas Kaushik
a year ago

Economics is a social science as it explains how our individual choices effect society by using a price mechanism. As consumers we like cheap prices, because we can buy more things that we like. And we decide on what we buy by looking at the prices and seeing what products we want. When given a pric

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