English

True or False with Reason: Economising of resources refer to saving resources for future use.

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Question

True or False with Reason:

Economising of resources refer to saving resources for future use.

True or False
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Solution

This statement is false.

Reason:

  • Economising resources means making the best possible use of available resources.
  • It refers to their optimum use, not simply saving them for future use.
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Chapter 1: Introduction - OBJECTIVE QUESTIONS [Page 1.31]

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Sandeep Garg Introductory Microeconomics [English] Class 11
Chapter 1 Introduction
OBJECTIVE QUESTIONS | Q 14. | Page 1.31
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