Explore the scope of economics with this quiz. Discover the primary concerns and...

Studying the impact of technology on resource allocation

Studying how individuals and societies allocate resources to satisfy their wants (correct)

Studying the history of economic thought

Studying the chemical composition of resources

Environmental conservation

Maximizing profits for businesses

Resource allocation to fulfill unlimited human wants (correct)

Social justice and equality

Medicine and healthcare

Astronomy and geology

Political science and sociology

Microeconomics and macroeconomics (correct)