Why does economics exist as a field of study?
A. Because everyone is rich
B. Because resources are unlimited
C. Because scarcity exists
D. Because people do not want anything

Question

MaximoRykei · Answer

The correct answer is letter C. Economics exists because of scarcity, which means there are not enough resources to meet everyone’s wants and needs. Because of this, people and societies must make choices. Economics helps us understand these choices and how we manage resources.

Answered by MaximoRykei | 2025-05-17

Why does economics exist as a field of study? A. Because everyone is rich B. Because resources are unlimited C. Because scarcity exists D. Because people do not want anything

Answer (1)

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Why does economics exist as a field of study?
A. Because everyone is rich
B. Because resources are unlimited
C. Because scarcity exists
D. Because people do not want anything

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[Sagot para sa’yo] Give an example of a cultural symbol that represent Filipino identity. Explain why you consider it as a cultural symbo