Question

According to Economics,a resource is a?

• A. Not a good or a service
• B. Good or a service
• C. Service only
• D. Good only

Answer 1

Answer:

B. Good or a service

Read Explanation:

A resource is a source or supply from which benefit is produced. An item becomes a resource with time and developing technology.Typically resources are materials, energy, services, staff, knowledge, or other assets that are transformed to produce benefit and in the process may be consumed or made unavailable.

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