Question

Name the problems which come under the problems of allocation of resources?

Answer 1

Explanation:

Problem of allocation of resources

In other words, what to produce and how much to produce. ... The problem of allocation deals with the question of whether to produce capital goods or consumer goods. If the community decides to produce capital goods, resources must be withdrawn from the production of consumer goods.

Answer 2

The problem of allocation of resources arises due to the scarcity of resources, and refers to the question of which wants should be satisfied and which should be left unsatisfied. In other words, what to produce and how much to produce.