WAEC - Economics (1988 - No. 1)
'Economics is a science which studies human behaviours as a relationship between ends and scarce means which have alternative uses. 'Ends' her refers to
resource
wants
choice
output
factors
Explanation
One of the many definitions of Economics states “Economics is a science that studies the human behaviour as a relation between unlimited ends and the limited means.
Ends = the human needs/wants.
Means = resources.
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