Answer to Question #248906 in Microeconomics for Khan

Question

How can you utilize the limited resources to fullfill your needs if you are from a farmers family

Answer 1

By saving resources and using it properly,the fulfillment of the needs can be done through the right investment of the financial resources in the right time. Explanation: In the case of the family farming, a proper investment should be done in buying a land that supports the agriculture.