having no economic importance or implication
Resource economics is a subdivision of economics dealing with the scarcity of the Earth's natural resources, particularly how it relates to humans' uses of those resources. Resource economics deals not only with use, but also sustainability of those resources. Thus, this field of economics is particularly interested in those fields which take resources from the Earth, whether renewable or non-renewable.
Economics doesn't truly care about the conservation of scarce resources, it only cares about how those scarce resources are used. The statement 'Economics is about conserving scare resources' is false.
economics is the how to choose the resources using talent people their talent and resources
Economics
Economics is about the allocation of resources for the production and distribution of goods and ___________.
is the study of economics necessary in a situation of abundant
Economics is about the allocation of resources for the production and distribution of goods and _services_
if resources were in abundant there would have been no need to study economics why? what is production
Economics is all about real life situations. All resources are limited and economics is simply about making decisions to use those resources efficiently.
Economics is the study of how society manages its scarce resources therefore, the study of economics is only important because of the scarcity of resources. Higenyi
what are the 3 types of economic resources
Resources are not