Economic analysis is often viewed as the science of


Economic analysis is often viewed as the science of rational decision making in a world of scarce resources. We need to think rationally because we live in a world where resources are limited but where people's wants are unlimited. There is not enough money, time, or things to completely satisfy everybody. What can we do to get the most satisfaction out of our limited resources? What are the issues and the recommendation?

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Business Economics: Economic analysis is often viewed as the science of
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