Question

Identify the central problem which deals with deciding the quantity of goods to be produced ______.

Options

• What to Produce

• How to Produce

• For whom to Produce

• None of these

Answer 1

Identify the central problem which deals with deciding the quantity of goods to be produced What to Produce.

Explanation:

The problem of ‘What to produce’ includes both which goods to produce and in what quantities. ‘How to produce’ deals with technique, and ‘For whom to produce’ deals with distribution.