What are the two features of resources
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Resources characteristics:
Resources have three main characteristics namely
1) Utility, 2) Limited availability, 3) Potential
for depletion or consumption.
Scarcity is the fundamental economic problem of having humans who have unlimited wants and needs in a world of limited resources.
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Explanation:
Three basic resources—land, water, and air—are essential to survival. The characteristics and quantity of a resource are defined by whether it is a renewable, nonrenewable, or flow resource. Renewable resources can be replenished if their environments remain intact.
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