Answer on Microeconomics Question for dikshit
Economy of resources means resource-oriented way of running economy and business. Careful usage and big attention to most appropriate way of using limited resources.
As a part of it can be Natural resource economics which deals with the supply, demand, and allocation of the Earth`s natural resources. One main objective of natural resource economics is to better understand the role of natural resources in the economy in order to develop more sustainable methods of managing those resources to ensure their availability to future generations. Resource economists study interactions between economic and natural systems, with the goal of developing a sustainable and efficient economy
Need a fast expert's response?Submit order
and get a quick answer at the best price
for any assignment or question with DETAILED EXPLANATIONS!