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What is the relationship between unlimited human want and limited resources?
Supply and Demand
What does the Malthusian graph illustrate about the relationship between population growth and resources?
The Malthusian graph illustrates that population growth tends to outpace the availability of resources, leading to potential scarcity and challenges in sustaining the population.
What are the best definition of economics?
The best definition is that by Lionel Robins, "Economics is the social sciences which studies human behavior as a relationship between ends and scare means which has alternative uses"
What is the relationship between the price consumption curve and consumer behavior in economics?
The price consumption curve in economics shows how changes in the price of a good or service affect the quantity that consumers are willing to buy. It helps to understand how consumers respond to price changes and make decisions about what to purchase. By analyzing this relationship, economists can gain insights into consumer behavior and preferences.
What is the relationship between business and technology?
Relationship between Technology and Business?
