Question

What do you understand by value in a resource?​

Answer 1

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Value means worth. The use of a resource depends on its value. ... (a) Economic Value: Some resources can be bought or sold, or can be used to make things that can be bought or sold. For e.g. Minerals.

Answer 2

Answer:

Value means worth. The use of a resource depends on its value. ... (a) Economic Value: Some resources can be bought or sold, or can be used to make things that can be bought or sold. For e.g. Minerals.