Question : Economizing of resources means __________
Option 1: making optimum use of the available resources
Option 2: making non-optimum use of the available resources
Option 3: making alternative use of the available resources
Option 4: None of the above
Correct Answer: making optimum use of the available resources
Solution : Scarcity of resources results in economizing of resources. Economizing of resources refers to making optimum use of the available resources. Hence, the correct option is 1.
Question : Economizing of resources refers to ___________________
Question : Scarcity and ______ go together.
Question : Which of the following is importance of organizing?
Question : This step of planning process is the real point of decision making. Identify the step?
Question : Economics is all about making choices in the presence of ________.
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