Question

The problem of ‘how to produce’ involves choice between consumer goods and capital goods True or false give reason

Answer 1

Answer:

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Explanation:

IT IS DEFINITELY TRUE.........

Answer 2

The problem of ‘how to produce’ includes choice between consumer goods and capital goods is True.

Explanation:

• The choices in the consumer and the capital goods represent the choice of the present and the future. If the society tends to produce more of the capital goods which related to money then there be less of the consumer goods related to food, clothing, and automobiles.

• Capital goods are tangible assets that are used by the business to produce the goods and services as inputs for the business. The most common are plant and equipment.

• Natural goods that are modified by man are not considered as capital goods but both are factors of production.

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• brainly.in/question/17751815 answered by Shritama2004.