Question : Economizing of resources refers to ___________________
Option 1: making optimum use of available resources
Option 2: making non-optimum use of available resources
Option 3: making umlimted wants
Option 4: None of the above
Correct Answer: making optimum use of available resources
Solution : Making the most use of the resources at your disposal is referred to as a resource economy. We must make cuts since we have limited resources and must satiate our endless wants.
Hence, the correct option is 1.
Question : Economizing of resources means __________
Question : Scarcity and ______ go together.
Question : Difference between resources and human wants
Question : Which of the following is importance of organizing?
Question : Economics is all about making choices in the presence of ________.
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