English

State 2 features of resources that give rise to an economic problem.

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Question

State 2 features of resources that give rise to an economic problem.

Very Short Answer
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Solution

The two features of resources that give rise to an economic problem are: (i) Resources are limited; (ii) They have alternative uses.

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Chapter 1: Introduction - OBJECTIVE QUESTIONS [Page 1.40]

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Sandeep Garg Introductory Microeconomics [English] Class 11
Chapter 1 Introduction
OBJECTIVE QUESTIONS | Q 8. | Page 1.40
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