मराठी

What is meant by the central problem of what to produces? - Economic Applications

Advertisements
Advertisements

प्रश्न

What is meant by the central problem of what to produces?

लघु उत्तर
Advertisements

उत्तर

The central problem of “what to produce” is deciding which goods and in what quantities an economy should produce, given limited resources, to maximize societal satisfaction. It involves allocating resources between different goods, e.g., consumer vs. capital goods, or wheat vs. cotton.

shaalaa.com
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 3: Basic Problems of An Economy - QUESTION BANK [पृष्ठ ४०]

APPEARS IN

जे. पी. गोयल आणि कौशल गोयल Economic Applications [English] Class 9 ICSE
पाठ 3 Basic Problems of An Economy
QUESTION BANK | Q 12. | पृष्ठ ४०
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×