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For whom to produce

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For whom to produce

Posted by Ankit Yadav 7 years, 8 months ago

CBSE > Class 12 > Economics

2 answers

Syed Khabib 7 years, 8 months ago

This problem related to the distribution of income and goods.Producer cannot produce goods for the section of society because resources are scars . The problem become complex for the producer.If he produce goods for the reacher sections of society then he earn good profit them but the poor peoples face the problem of starvation. On the other hand,if he produce goods for the poorer section then poorer people cannot purchase higher price goods which results in loss for the producer.

Nishu Nishu 7 years, 8 months ago

Distribution of good or income

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