Economy, asked by sonm29, 10 months ago

What does the problem for whom to produce refer to?

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Answered by sssrohit005p4c0ey
1

Answer:

What does the problem for whom to produce refer to?

Answer: The problem for whom to produce refers to a particular section of people who will consume the end product. Here, the problem of choices arises because the manufacturers are unable to produce each product in huge quantity to satisfy everybody’s need. So, the consumers’ have to make choices between which product is more important to them, so the limited resources can be distributed rationally.

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