How would you define the study of economics

Economics is the study of how socities use scarce resources to produce valuable commodities and distribute them among different people. (

It studies how people choose to use scarce resources or limited productive resources (labor, equipment, technical, knowledge) to produce various commodities and to distribute these commodities for consumption.

To sum up, Economics is a branch of social sciences, which deals with the study of how human being allocate or use their scarce resources to sustain and satisfy their needs and wants.

hello

question:

when would a new household be started?

a.when the oldest male died

b.when a man and a woman married

c.when the house could not hold everyone

d.when a child was born

answer: us d when a child was born

hope this have a great day and brainlest