Question

Some resources have a economic value and some are not, explain how ?​

Answer 1

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Some resources have economic value owing to their demand and scarcity, whereas, some other resources do not have economic value owing to their abundance and negligible demand. Explanation: Resources like crude oils, precious metals, Valuable minerals, etc., have a great demand from all over the world.

Answer 2

Answer:

Some resources have economic value owing to their demand and scarcity whereas, some resources do not.have economic value.owing to their abundance and.niligible demand

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