Chapter 2, Problem 3AA

To determine

The best term which completes the sentence with correct meaning.

Answer to Problem 3AA

Option (a)- Available.

Explanation of Solution

Considering the utilization of resources, we know that resources are scarce and so as to get the optimum out of it, we need to use the available resources properly.

Every society makes decisions for the proper use of the available resources with them so that they can make sustainable development without sacrificing and harming the needs of future generations.

No other options fit in as the answer to the question because talking about the resources, it is well known that resources are scarce and only the option ‘available’ fits in the blank as it relates to the use of available resources.

Economics Concept Introduction

Introduction:

Optimum utilization of resources means the available resources should be put in use properly so that there is no wastage to it as well as the resource provides the maximum utility after use.