Can the same activity be economic as well as non econamic? explain with examples
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Yes same activity can be economic or non economic also
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The same activity may be economic as well as non-economic. For example, a nurse attending a patient in a hospital is an economic activity as the nurse works for a salary. But when the samenurse attends to her sick mother at home it is a non-economic activitybecause the object is not to earn money.
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