Economics · Definitions of Economics
Which specific framework characterizes economics as 'a science which studies human behavior as a relationship between ends and scarce means which have alternative uses'?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The welfare definition provided by Alfred Marshall
- 2The wealth definition proposed by Adam Smith
- 3The scarcity definition provided by Lionel Robbins✓
- 4The growth definition provided by Paul Samuelson
Correct answer
The scarcity definition provided by Lionel Robbins
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