One of the three economic questions deals with deciding
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Explanation:
The three economic questions that deals with deciding. It is the first central problem of the economy that is related to the production of goods.
It is mainly of three types:
- What to produce: Which things have demand in the market?
- How to produce: Which technique or method should be used in producing these things or which method would be more efficient and inexpensive?
- For whom to produce: Which section of society is needs that product rich or poor?
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