Economics Satisfying Our Needs and Wants Scarcity Goods and services are scarce because we cannot produce enough of them to satisfy everyoneâs wants. Satisfying our Wants…
Slide 1 Economics: Part 1 MICROEconomics is⦠â¦the study of the choices people make to satisfy their needs and wants. MacroEconomics is⦠â¦the study of the choices…