Economy, asked by KarishmaRajbongshi, 4 months ago

what is meant by problem of choice in economics

Answers

Answered by vivekvhatte8

Explanation:

Hello bro hi how is your day going on

Answered by taesha43

Answer:

Problem of choice refers to the allocation of various scarce resources which have alternative uses that are utilized for the production of various commodities and services in the economy for the satisfaction of unlimited human wants.

Hope it helped you mate

Previous Question

Next Question

Similar questions

Biology, 2 months ago

Describe with specific examples and ecological relation that takes place within the types of terrestrial ecosystem (grassland forest and aquatic)...

Physics, 2 months ago

In p-type semiconductors most of current is carried by:...

Math, 2 months ago

find the circumference of the circle with diameter 3.2 CM...

Social Sciences, 4 months ago

Describe the merit of democracy?

Math, 4 months ago

Convert the speed in m/sec 15 km/h...

Math, 10 months ago

find the distance between p (a sin theta, a cos theta ) and (a cos theta, minus a sin theta )...

History, 10 months ago

what are the advantage of drip system of irrigation...

Math, 10 months ago

one number is 25 times of other number. The product of the numbers is 900. find the number...

what is meant by problem of choice in economics​

Answers

what is meant by problem of choice in economics