explain the problem of efficiency in the use of resource in economic
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Efficient use of resources refers to the ways using the available resources in an efficient way to satisfy the wants of the people. ... This is known as the problem of how to obtain the efficiency in the use of resources and distribution of the goods produced in an economy.
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Efficient use of resources refers to the ways using the available resources in an efficient way to satisfy the wants of the people. ... This is known as the problem of how to obtain the efficiency in the use of resources and distribution of the goods produced in an economy.
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