Question

what is the meaning of economizing of resources

Answer 1

Answer:

Economizing of resources means using of resources in best possible way and to their fullest capacity. • The fundamental issue that arises is scarcity of goods and services compared to the demand for them by consumers.

Answer 2

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Answer:

》Economizing of resource refers to the art of consuming resources carefully and sparingly in satisfaction of human wants. Some resources are very limited in supply but they are recurrently consumed by individuals such kind of resources should be used with a lot of care.

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