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What do you mean by allocation …

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What do you mean by allocation of resources
  • 2 answers

Sia ? 6 years, 4 months ago

In economics, resource allocation is the assignment of available resources to various uses. In the context of an entire economy, resources can be allocated by various means, such as markets or planning.

Aryan Raj 6 years, 4 months ago

Uses of one resource in different way For ex- Milk is used for many purpose like to drink , to make sweets, to make curd etc.
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