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Q.

[[1]] resources are those whose quantity is known.


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Detailed Solution

Actual resources are those whose quantity is known. If it is technically feasible, commercially successful, and culturally appropriate, anything in our environment that can be utilised to satisfy our goals is called a resource. Actual resources refer to those with a known quantity and are in use now. Actual resources have been surveyed and quantified in terms of quantity and consistency. For instance, water and gasoline are examples of actual resources. The utility and other criteria define the value of each of these resources.
 
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