Resource A is costlier than resource B. If only distribution of these resources are considered, which of the following options regarding the nature of resource A and B could be a correct?
A
A is universal and B is a localised resource
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B
A is localised and B is a universal resource
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C
Both A and B are universal resources
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D
Both A and B are localised resources
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Solution
The correct option is B A is localised and B is a universal resource According to the question, A is a localised resource and is found only in some places and thus is costly. However B is a universal resource and thus is found everywhere and therefore is cheap.