Economics is best described as (A) the study of how scarce material wants are allocated between unlimited resources. (B) the study of how scarce labor can be replaced by unlimited capital. (C) the study of how decision makers choose the best way to satisfy their unlimited material wants with a scarce supply of resources. (D) the study of how unlimited material wants can best be satisfied by allocating limitless amounts of productive resources. (E) the study of how capitalism is superior to any other economic system.
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