Which is not essential to the game of economics?

A. Production of goods and services
B. Allocation of resources
C. Consumption of goods and services
D. Reduction of waste in production



Answer :

Final answer:

Reduction of waste in production is not essential to economics.


Explanation:

Reduction of waste in production is not essential to the game of economics. While the production, allocation, and consumption of goods and services are fundamental aspects of economics, reducing waste in production focuses more on operational efficiency rather than a core economic principle.


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