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According to Scarcity definition of Economics "Economics is the study of human behaviour as a relationship between ends and scarce means having alternative uses". Here "ends" represents wants and we know wants are unlimited and can never ends up then why in this definition Wants is signify by the word "ends" . what does it mean?
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Most Upvoted Answer
According to Scarcity definition of Economics "Economics is the study ...
The word used here also represents the same that "our wants never ends and resources are scarce and human behaviour shows relationship between both" just read it carefully then you come to know
Community Answer
According to Scarcity definition of Economics "Economics is the study ...
The word ends is the same as wants,so they can be used interchangeably .ends was used their to clarify it futher
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According to Scarcity definition of Economics "Economics is the study of human behaviour as a relationship between ends and scarce means having alternative uses". Here "ends" represents wants and we know wants are unlimited and can never ends up then why in this definition Wants is signify by the word "ends" . what does it mean?
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According to Scarcity definition of Economics "Economics is the study of human behaviour as a relationship between ends and scarce means having alternative uses". Here "ends" represents wants and we know wants are unlimited and can never ends up then why in this definition Wants is signify by the word "ends" . what does it mean? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about According to Scarcity definition of Economics "Economics is the study of human behaviour as a relationship between ends and scarce means having alternative uses". Here "ends" represents wants and we know wants are unlimited and can never ends up then why in this definition Wants is signify by the word "ends" . what does it mean? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for According to Scarcity definition of Economics "Economics is the study of human behaviour as a relationship between ends and scarce means having alternative uses". Here "ends" represents wants and we know wants are unlimited and can never ends up then why in this definition Wants is signify by the word "ends" . what does it mean?.
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