Abstract
Although at any one time resources are limited, they have two important characteristics: (i) they are capable of alternative uses, and (ii) they can be increased over time. The first enables us to make the most of what we have; the second allows us to improve our lot. We can illustrate the situation as follows.
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© 1994 Jack Harvey
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Harvey, J. (1994). Making the most of limited resources. In: Mastering Economics. Macmillan Master Series. Palgrave, London. https://doi.org/10.1007/978-1-349-13504-2_15
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DOI: https://doi.org/10.1007/978-1-349-13504-2_15
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-61703-8
Online ISBN: 978-1-349-13504-2
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