Economy, asked by Anonymous, 6 months ago

explain the central promblem "for whom to produce"?​

Answers

Answered by MissDevil001
1

\huge\mathfrak\pink{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.

Similar questions