Economy, asked by muskan29744, 3 months ago

explain the central problem of choice of products to be produced​

Answers

Answered by kanishky10
25

Answer:

As there is the problem of choice, the economy has to decide which goods and services are to be produced. For example, which of the consumer goods such as wheat, rice, cloth are to be produced and which of the capital goods such asmachines and tools are to be produced.

Answered by ishuishanigupta
4

As there is the problem of choice, the economy has to decide which goods and services are to be produced. For example, which of the consumer goods such as wheat, rice, cloth are to be produced and which of the capital goods such asmachines and tools are to be produced.

Hope it helps uh.

Similar questions