Economy, asked by salmanbarbhuiya, 1 month ago

what do you mean by economic planning?​

Answers

Answered by Sagar07Attri05
0

Explanation:

Economic planning is a resource allocation mechanism based on a computational procedure for solving a constrained maximization problem with an iterative process for obtaining its solution. Planning is a mechanism for the allocation of resources between and within organizations contrasted with the market mechanism.

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Answered by simuk4939
1

Answer:

A resource allocation mechanism based on a computational procedure for solving a constrained maximization problem with an iterative process for obtaining its solution.

Explanation:

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