Which of the following is NOT strictly included In the study of economics?

a

The study of wants

b

The study of choice

c

Whether a particular want satisfies a good or bad purpose

d

The study of scarcity

e

The study of substitution

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yusufwasiu
12 years ago

Prof. Robbin state that in hs critism to the neo-economist view on economics,"economics only concern on hw huma n wants are satisfy in relation to their scarce means,but nt concern on either utility is harmful or useful after consumption. take 4 instance alchol is a economic good so,wether it is innocuous or dentrimental after consumption is non of their business since it satisfies the taste of consumers whc led to buying it"

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