Explain the economic problem of what to produce.
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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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The central problem of "what to produce?" which is faced by the economywhere the economy decides the goods that needs to be produce in the economywether 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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