Economy, asked by mh5796075, 7 months ago

alternative uses of resources hive rise to the problem​

Answers

Answered by kumariasthaverma2
1

Explanation:

Resources in the economy are scarce and if these resources have alternative uses, and demand exists for all the commodities that will be produced. The producer will then face the problem of choice between the utilization of various resources for the production of the different commodities demanded in the market.

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