Question

explain the problem of how to produce with the help of the example?​

Answer 1

Explanation:

For example, which of the consumer goods such as wheat, rice, cloth are to be produced and which of the capital goods such as machines and tools 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 use less of machineries.

Answer 2

The problem How to produce deals with the following

1: goods has to be produced by capital intensive or labour intensive

2: in capital intensive mainly production was carried out by machines ..here the GDP growth will be high ,,in countries where population is less than this method will be effective

3: in labour intensive all production activities are carried out by human capital ..here GDP growth will be slow ..but it tackles the unemployment problem in populous countries like .India and China..

..I hope this will help u .