1234567890825

30.01.2021 04:01

Английский язык

Есть ответ 👍

Перевести текст, economics: the study of scarcity and choice since there is not enough of everything, everyone— individuals, business firms, and government— needs to make choices from among the things they want. in the process they will try to economize, to get the most from what they have. with this in mind, we can define economics as the social science that describes and analyzes how society chooses from among scarce resources to satisfy its wants. the need to choose is imposed on us all by our income, wealth and ability to borrow. individuals and families are limited by the size of their personal income, savings and ability to borrow. similarly, business firms are limited by their profits, savings and borrowing power, and governments by their ability to tax and borrow. income, savings, profits and taxes enable people, institutions and government to purchase goods, products you can see or touch, and services, work performed for pay that benefits others. the problem that each must face, however, is that once the decision has been made to choose one set of alternatives, one loses the opportunity to choose the other. economists describe these kinds of trade-offs as opportunity costs. the opportunity cost of something is its cost measured in terms of what you have to give up to get it. business is also faced with the problem of choices and opportunity costs.