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Question

Which of the following is/are not an economic resource?

A
Air
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B
Water
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C
Sunlight
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D
All the three
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Solution

The correct option is D All the three

Economic resources are the scarce resources which help in the production of goods and services. Air, water, and sunlight are not the economic resources. This is because these resources are present in abundance which means they are not scarce. The example of economic resources are land, labour, capital.


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