Economy, asked by binodagarwal686, 3 months ago

what do you mean by alternative use of resources​

Answers

Answered by saisanthosh76
26

\huge{\boxed{\bf{Hola!}}}

alternative use of resource means that resource are scarce in comparision to demand/for the purpose they can be put to. for instance land which can be used to construct house or schooits. economic meaning: it is however subject to opportunity cost.

Answered by jshatakshi14
2

Answer:

alternative use of resource means that resource are scarce in comparision to demand/for the purpose they can be put to. for instance land which can be used to construct house or schooits. economic meaning: it is however subject to opportunity cost.

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