Economy, asked by aditithakur3d, 9 months ago

describe basic economic problems of -what to produce? ​

Answers

Answered by catuu
0

describe basic economic problems of -what to produce?

Answered by malheirojruhaka
1

Answer:

Explanation:

The fundamental economic problem is the issue of scarcity and how best to produce and distribute these scare resources. Scarcity means there is a finite supply of goods and raw materials. Finite resources mean they are limited and can run out.

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