Discuss the problem'for whom to produce'.
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Answer:
The problem for whom to produce refers to selection of the category of 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.
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Explanation:
The Gentlemen of the Jungle tells us the story of a man living alone in the jungle with many animals. This man is fooled by an elephant that pretends to be his friend and a dispute begins therefore between them. ... The story finishes with a moral maxim, as in every parable: "Peace is costly, but it's worth the expense".
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