Question

question
what is economics?
answer
it is an economic system that allows freedom of choice.
it is the study of how individuals and businesses make decisions to best satisfy wants, needs, and desires with limited resources.
it is the study of the behavior of the overall economy.
it is the study of how individual businesses, households, and consumers make decisions to allocate their limited resources in the exchange of goods and services.

Explanation:

Economics studies decision - making with limited resources to satisfy wants.

Answer:

It is the study of how individuals and businesses make decisions to best satisfy wants, needs, and desires with limited resources