English

Which of the following is not a central problem of economy?

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Question

Which of the following is not a central problem of economy?

Options

  • How to Produce

  • When to Produce

  • What to Produce

  • For whom to Produce

MCQ
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Solution

When to Produce

Explanation:

The central problems of an economy are What to produce, How to produce, and For whom to produce. ‘When to produce’ is not one of the three central problems.

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Chapter 1: Introduction - OBJECTIVE QUESTIONS [Page 1.34]

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Sandeep Garg Introductory Microeconomics [English] Class 11
Chapter 1 Introduction
OBJECTIVE QUESTIONS | Q 23. | Page 1.34
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