Identify the characteristics of the resources from the following

(A) Resources are limited
(B) Resources are available for free
(C) Resources are scarce only in developing countries.
(D) Resources have alternative uses.

Choose the correct answer from the options given below:

(A) and (D) only

The correct answer is Option (1) → (A) and (D) only

(A) Resources are limited — True. Resources such as land, labour, capital, and raw materials are available only in limited quantities. Because human wants are unlimited but resources are finite, scarcity arises — this is a fundamental economic problem.

(B) Resources are available for free — False. Most resources are not free; they have an opportunity cost. Even natural resources require effort, time, and money to use or convert into useful forms.

(C) Resources are scarce only in developing countries — False. Scarcity is a universal problem that exists in both developed and developing countries, because human wants are always greater than available resources.

(D) Resources have alternative uses — True. A resource can be used for more than one purpose. For example, land can be used for farming, housing, or industry. Because of this, choices must be made on how best to use limited resources.