Question

basic characteristics of resources​

Answer 1

$\huge\mathbb{\underline{Answer}}$

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Resources characteristics: Resources have three main characteristics namely

• Utility,
• Limited availability,
• Potential for depletion or consumption. Scarcity is the fundamental economic problem of having humans who have unlimited wants and needs in a world of limited resources.

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Answer 2

ans. resources have 3 main characteristics namely:-

(a) utility,

(b)limited availability ,

(c)potential for depletion or consumption .