Choice is the result of..................(excess/scarcity). 'For whom to produce' is a central problem of an economy. Explain.
Answers
Answered by
0
Answer:
Choice is the result of excess for whom to produce is a central problem of an economy.
Explanation:
It refers to selection of the category of the people who will ultimately consume the goods . Since resources are scarce in every economy, no society can satisfy all the wants of its people . Thus a problem of Choice arises.
if this answer will help you then please give me too many thanks and please follow me guys
Similar questions