The study of economics focuses on identifying which of the following?

A) limited wants and limited resources

B) limited wants and unlimited resources

C) unlimited wants and limited resources

D) unlimited wants and unlimited resources

A

Economics) is the social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behavior and interactions of economic agents and how economies work. Individual agents may include, for example, households, firms, buyers, and sellers.