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Making the most of limited resources

  • Jack Harvey
Chapter
Part of the Macmillan Master Series book series

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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Copyright information

© Jack Harvey 1994

Authors and Affiliations

  • Jack Harvey

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