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Explain central problem what to produce …

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Explain central problem what to produce giving examples?
  • 2 answers

Param Solanki 7 years, 3 months ago

Every economy has limited resources and thus, cannot produce all the goods. More of one good or service usually means less of others. For example, production of more sugar is possible only by reducing the production of other goods.

Khyati Jain 7 years, 3 months ago

Whether produce consumer goods or capital goods
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