give any two examples of central problem of an economy.
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Explanation:
Labour, land, machines, capital, equipment, tools and natural means of resources are limited. So, it is not possible to fulfil society's every demand. Therefore, it needs to be decided what goods and services are required to be produced and what should be the quantity.
Answered by
1
Answer:
Labour, land, machines, capital, equipment, tools and natural means of resources are limited. So, it is not possible to fulfil society's every demand. Therefore, it needs to be decided what goods and services are required to be produced and what should be the quantity.
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