Question

explain the central problam of the choice of product to be produces​

Answer 1

Answer:

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Explanation:

Answer: As there is the problem of choice, the economy has to decide which goods and services are to be produced. ... For example, if an economy decides to produce rice and wheat within a given period with limited resources then it will have to using less of machineries.

Answer 2

Question

_____________⭐

◾Explain the central problem of 'what to produce'.?

ANSWER

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• The central problem of "what to produce?" which is faced by the economy where the economy decides the goods that needs to be produce in the economy wether consumer or capital goods to satisfy human wants keeping in mind the available resources and state of technology in the economy.

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