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Any allocation of resources result in
  • a)
    Consumption of goods
  • b)
    Inefficient utilization
  • c)
    Wastage of resources
  • d)
    Production of goods and services
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Any allocation of resources result ina)Consumption of goodsb)Inefficie...
D.
coz allocation of resources means making optimum utilisation of resources... i.e. resources are fully utilized only when they are used production purpose.. without d wastes of resources.
Free Test
Community Answer
Any allocation of resources result ina)Consumption of goodsb)Inefficie...
Any product or service can be emerged only on the sacrifice made by the activity which drives the output factor. When an activity is sacrificed it amounts to consumption of resources.
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Any allocation of resources result ina)Consumption of goodsb)Inefficient utilizationc)Wastage of resourcesd)Production of goods and servicesCorrect answer is option 'D'. Can you explain this answer?
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