Economy, asked by shadowgaming1992005, 2 months ago

What is the guiding principle for the central problem of
a) What to produce?
b) How to produce?​

Answers

Answered by subu802002
5

Answer:

What is produce

Explanation:

Guiding Principle of 'How to Produce': Combine factors of production in such a manner so that maximum output is produced at minimum cost, using least possible scarce resources.

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