Question

Explain the central problem of an economy with the help of schedule and graph?​

Answer 1

Answer:

The basic economic activities of life are production, distribution and disposition of goods and services. A society will be facing scarcity of resources during the time of fulfillment of these activities. As such scarcity is evident, due to the availability of limited resources, and human needs having no limit.

Answer 2

What to produce
How to produce
For whom to produce