Understand economics: Basic concepts of Economic system (Paperback) (ISBN-13: 9798352806050)

In this book, Explain the Basic Concepts of Economics. Like Economics, it is the study of how society allocates scarce resources (land, labor, capital, and entrepreneurship) to produce output. Some of the concepts are scarcity, supply & demand, incentives, trade-off and opportunity cost, economic systems, factors of production.

Author: Prem Amrit
ISBN-10: 835280605X
ISBN-13: 9798352806050
Publisher: Independently Published
Language: English
Published: 09/14/2022
Pages: 216
Format: Paperback
Weight: 0.48lbs
Size: 8.00h x 5.00w x 0.46d