_______ is the study of how to increase resources and
create conditions that will make better use of resources.
A. Resource development C. Macroeconomics
B. Economics D. Microeconomics
my answer is A
jade
Your answer is incorrect. The correct answer is B. Economics. Economics is the study of how individuals, businesses, and societies allocate scarce resources to fulfill their unlimited wants and needs. It involves understanding how to increase resources and create conditions that will make better use of them.
To determine the correct answer, we need to understand the definition of each option:
A. Resource development: This refers to the study and practice of increasing resources and finding ways to use them more effectively.
B. Economics: This is the broader study of how individuals, businesses, and societies allocate limited resources to satisfy their unlimited wants and needs.
C. Macroeconomics: This branch of economics studies large-scale economic factors, such as national income, unemployment, inflation, and economic growth.
D. Microeconomics: Microeconomics focuses on individual economic agents, such as households, firms, and markets, and how they make decisions about resource allocation.
Based on the definition provided in the question, the correct answer is A. Resource development, as it aligns with the study of increasing resources and improving their utilization.