Economy, asked by santoshpandey9911622, 2 months ago

explain the problem of whom to produce?

please give me right anwer please​

Answers

Answered by LoveLuster
2

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