What is one main objective in the studies of economics

Question

What is one main objective in the studies of economics

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2022-04-28T19:43:24+00:00 2 Answers 0

Answers ( 2 )

  1. Reese
    0
    2022-04-28T19:44:34+00:00

    Answer:

    recognizing the relationship between producers and consumers

    Explanation:

  2. Amara129
    0
    2022-04-28T19:44:54+00:00

    The answer can be:

    The main objective of economics can be understanding the relationship between demand and supply of commodities. When there is demand in an economy regarding a good, the supply for that good will also increase and so will the prices. And when the demand decreases the supply will also be decreased by the producers in order to avoid losses. In other words economics helps to predict the relationship between producers and consumersn

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