why is there a need for economising of resources?
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Explanation:
Economising the use of resources refers to the optimum utilisation of resources. OR. Economising the use of resources differences refers to the resources, which are to be used in such a manner such that there is maximum output realised per unit of input.
Economizing of resources is managing the resources in a way that the production is efficient and economic. It is important in order to: (i) Resources are scarce. (ii) Reach the point of break-even.
Answer:
Economizing of resources is managing the resources in a way that the production is efficient and economic. It is important in order to: (i) Resources are scarce. (ii) Reach the point of break-even.
Explanation:
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