Question

what are the central problem of economic?

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Answer 1

Explanation:

The allocation of scares resources and the distribution of the final goods and services are the central problem of the economy. The Reason behind these central problems is the compulsion of making choices among alternative uses of scarce resources to get maximum satisfaction.

Answer 2

Explanation:

The economic problem some time called the basic or Central economic problem assert that an economic finite re source are insufficient to satisfy all human wants and need..... E conomic involves the study of how to locate resource in in condition of scaracity.....