Question

economic problem is basically in the problem of resources allocatio

Answer 1

Answer:

Allocation of resources, apportionment of productive assets among different uses. ... Resource allocation arises as an issue because the resources of a society are in limited supply, whereas human wants are usually unlimited, and because any given resource can have many alternative uses.

Answer 2

Allocation of resources, apportionment of productive assets among different uses. ... Resource allocation arises as an issue because the resources of a society are in limited supply, whereas human wants are usually unlimited, and because any given resource can have many alternative uses.

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