Economy, asked by ruthlessqueen, 1 year ago

why does the problem of what to produce arise explain

Answers

Answered by Swayze
3

Hy...
Friend...

It arises due to the availability of alternative techniques of production.
the choice is between Capital.

ΦIntensive Techniques and Labour Intensive Techniques.

Φ The problem is that which one to employ.

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Answered by deepshika1512
3
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it arises because resources are scars and have alternative uses since many goods and services can be produced from these resources the problem is that which of these should be produced .

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