2. Which economic problem involves selection of category of people who will ultimately
consume the goods?
a. How to produce
b. For whom to produce
c. What to produce
d. None of these
Answers
Answered by
3
Answer:
d. None of these
This problem refers to selection of the category of people who will ultimately consume the goods, i.e. whether to produce goods for more poor and less rich or more rich and less poor. Since resources are scarce in every economy, no society can satisfy all the wants of its people. Thus, a problem of choice arises
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Answered by
2
Explanation:
for whom to produce is the correct answer
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