000			01030nam a2200181Ia 4500
999			_c30345 _d30345
005			20220408210651.0
008			200202s9999 xx 000 0 und d
082			_a330 ALC
100			_aAlchian, Armen A.
245		0	_aUniversity economics
260			_aBelmont
260			_bWadsworth Pub.
260			_c1964
300			_a924 p.
520			_aMan wants more than there is any prospect of obtaining. As soon as we have more of this, we want still more of it and more of that... and that. To say that we always want more is to say that man lives, even in the most affluent societies, in a state of scarcity. The response to scarcity - What determines how much each person produces and gets of the total? And what determines the particular mix of goods and services s/he consumes? -- constitutes the area of economic study. Economics studies the competitive and cooperative behavior of people in resolving conflicts of interest that arise because wants exceed what is available.
650			_aEconomics
942			_cB _2ddc