The value of a resource depends on the context in which it is intended to be used.

Question

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The value of a resource is not fixed and can vary depending on the intended use, market demand, availability, and other contextual factors. For example, water may have different values for agriculture, industrial, and domestic uses. Similarly, a skilled worker may have more value in a specialized field than in a generic one. Therefore, it is essential to consider the context while assigning value to a resource.

The Value of a Resource Depends on the Context in Which