Economy, asked by navien274, 10 months ago

. Explain that resources have alternative uses

Answers

Answered by aprajitakumari85799
2

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.alternative use of resorces means simply the diffrent ways in which a resource can be used. 1.it can be used to grow crops. 2.it can be used to build school.

Answered by Gargishastri
1

Explanation:

alternative use of resources means simple the different way in which a resource can be used

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