Edzy
AI TutorResourcesToolsCompareBuy
SearchDownload AppLogin
Edzy

Edzy for Classes 6-12

Edzy is a personal AI tutor for CBSE and State Board students, with curriculum-aligned guidance, practice, revision, and study plans that adapt to each learner.

  • Email: always@edzy.ai
  • Phone: +91 96256 68472
  • WhatsApp: +91 96256 68472
  • Address: Sector 63, Gurgaon, Haryana

Follow Edzy

Browse by Class

  • CBSE Class 6
  • CBSE Class 7
  • CBSE Class 8
  • CBSE Class 9
  • CBSE Class 10
  • CBSE Class 11
  • CBSE Class 12
Explore the CBSE resource hub

Explore Edzy

  • Study Resources
  • Free Study Tools
  • Best Apps for Board Exams
  • Edzy vs ChatGPT
  • About Us
  • Why We Built Edzy
  • Blog
  • CBSE AI Tutor

Support & Legal

  • Help & FAQs
  • Accessibility
  • Privacy Policy
  • Terms & Conditions
  • Refund Policy
  • Cookie Policy
  • Site Directory

© 2026 Edzy. All rights reserved.

Curriculum-aligned learning paths for students in Classes 6-12.

I
Question Practice

The concept of alternative uses of resources refers to:

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Economics
Statistics for Economics
Introduction
Question Bank

The concept of alternative use...

Single Answer MCQ
Q-00062523

The concept of alternative uses of resources refers to:

1

Using resources in multiple ways at the same time

2

The need to choose between different uses of limited resources

3

Government regulations affecting resource use

4

The ability to create resources from nothing

Previous QuestionNext Question

Video Explanation

Answer

Solution:

Watch Video Solution

Login to get access

Keep Practising

Students who asked this also explored

Continue with nearby questions to strengthen the same chapter concept while you still have the context fresh in mind.

Q1.

What is the primary focus of economics according to Alfred Marshall?

Single Answer MCQ
View explanation
Q2.

Which of the following best describes a consumer?

Single Answer MCQ
View explanation
Q3.

Scarcity in economics primarily refers to:

Single Answer MCQ
View explanation
Q4.

In which scenario might economics help you make a decision?

Single Answer MCQ
View explanation