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Question

Economics is the science of choice making it implies_______________.

A
No choice is to be made
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B
Choice to be made between alternative uses
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C
Choice to be made between means and ends
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D
None of the above
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Solution

The correct option is B Choice to be made between alternative uses
Decision is a process that can vary depending on the situation. Decision is the same as choice when it is 'deciding between' pre-existing or provided alternatives.Decision can be a part of choice when choosing is not simple, for example where deeper consideration is needed in deciding whether to marry a person or not. Options are the things and choices are our decision. Options are fixed and choices aren't. In other words, option is a noun for a thing and choice is a noun for your decision. They can both be used as verbs "to choose" and "to opt", but to say "I opt" is quiet rare.

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