land resource
water
human
forest
Five Baisc Problems of economics 1) Wat to Produce? 2) In what quantity ti be produced 3) How to Produce? 4) For whom to Produce? 5)How efficiently are the Resources being utilisec??
Economics doesn't truly care about the conservation of scarce resources, it only cares about how those scarce resources are used. The statement 'Economics is about conserving scare resources' is false.
Economics
Economics is about the allocation of resources for the production and distribution of goods and ___________.
Economics is about the allocation of resources for the production and distribution of goods and _services_
what are the 3 types of economic resources
Goods, service, capital.
Labor, land, capital, entreprenurial
Five Baisc Problems of economics 1) Wat to Produce? 2) In what quantity ti be produced 3) How to Produce? 4) For whom to Produce? 5)How efficiently are the Resources being utilisec??
Economics doesn't truly care about the conservation of scarce resources, it only cares about how those scarce resources are used. The statement 'Economics is about conserving scare resources' is false.
economics is the how to choose the resources using talent people their talent and resources
Economics
Economics is about the allocation of resources for the production and distribution of goods and ___________.
Economics is about the allocation of resources for the production and distribution of goods and _services_
if resources were in abundant there would have been no need to study economics why? what is production
Resources are not
Economics is all about real life situations. All resources are limited and economics is simply about making decisions to use those resources efficiently.