CA Foundation Exam > CA Foundation Questions > The central problems relating to allocation o...
Start Learning for Free
The central problems relating to allocation of resources are—
- a)What to produce?
- b)How to produce?
- c)For whom to produce?
- d)All the above.
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
The central problems relating to allocation of resources are—a)W...
The problem of allocation of resources arises due to the scarcity of resources, and refers to the question of which wants should be satisfied and which should be left unsatisfied. In other words, what to produce and how much to produce.
This question is part of UPSC exam. View all CA Foundation courses
Most Upvoted Answer
The central problems relating to allocation of resources are—a)W...
:
1. What to produce: The first problem is what goods and services to produce to satisfy the needs and wants of the society. The decision on what to produce depends on the available resources, technology, and the demand for the goods and services.
2. How to produce: The second problem is how to produce the goods and services that have been chosen. This decision depends on the available resources, technology, and the cost of production.
3. For whom to produce: The third problem is for whom to produce the goods and services. This decision depends on the distribution of income and the ability of people to pay for the goods and services.
4. How to distribute: The fourth problem is how to distribute the goods and services that have been produced. This decision depends on the distribution of income and the ability of people to pay for the goods and services.
5. How to allocate: The fifth problem is how to allocate the scarce resources among the competing uses. This decision depends on the relative prices of the goods and services and the demand for them.
1. What to produce: The first problem is what goods and services to produce to satisfy the needs and wants of the society. The decision on what to produce depends on the available resources, technology, and the demand for the goods and services.
2. How to produce: The second problem is how to produce the goods and services that have been chosen. This decision depends on the available resources, technology, and the cost of production.
3. For whom to produce: The third problem is for whom to produce the goods and services. This decision depends on the distribution of income and the ability of people to pay for the goods and services.
4. How to distribute: The fourth problem is how to distribute the goods and services that have been produced. This decision depends on the distribution of income and the ability of people to pay for the goods and services.
5. How to allocate: The fifth problem is how to allocate the scarce resources among the competing uses. This decision depends on the relative prices of the goods and services and the demand for them.
Community Answer
The central problems relating to allocation of resources are—a)W...
The answer is d) become all the central problems relating to allocation of resources are solved by these three
|
|
Explore Courses for CA Foundation exam
|
|
Similar CA Foundation Doubts
Top Courses for CA FoundationView all
The central problems relating to allocation of resources are—a)What to produce?b)How to produce?c)For whom to produce?d)All the above.Correct answer is option 'A'. Can you explain this answer?
Question Description
The central problems relating to allocation of resources are—a)What to produce?b)How to produce?c)For whom to produce?d)All the above.Correct answer is option 'A'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about The central problems relating to allocation of resources are—a)What to produce?b)How to produce?c)For whom to produce?d)All the above.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The central problems relating to allocation of resources are—a)What to produce?b)How to produce?c)For whom to produce?d)All the above.Correct answer is option 'A'. Can you explain this answer?.
The central problems relating to allocation of resources are—a)What to produce?b)How to produce?c)For whom to produce?d)All the above.Correct answer is option 'A'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about The central problems relating to allocation of resources are—a)What to produce?b)How to produce?c)For whom to produce?d)All the above.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The central problems relating to allocation of resources are—a)What to produce?b)How to produce?c)For whom to produce?d)All the above.Correct answer is option 'A'. Can you explain this answer?.
Solutions for The central problems relating to allocation of resources are—a)What to produce?b)How to produce?c)For whom to produce?d)All the above.Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation.
Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of The central problems relating to allocation of resources are—a)What to produce?b)How to produce?c)For whom to produce?d)All the above.Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
The central problems relating to allocation of resources are—a)What to produce?b)How to produce?c)For whom to produce?d)All the above.Correct answer is option 'A'. Can you explain this answer?, a detailed solution for The central problems relating to allocation of resources are—a)What to produce?b)How to produce?c)For whom to produce?d)All the above.Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of The central problems relating to allocation of resources are—a)What to produce?b)How to produce?c)For whom to produce?d)All the above.Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice The central problems relating to allocation of resources are—a)What to produce?b)How to produce?c)For whom to produce?d)All the above.Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
|
|
Explore Courses for CA Foundation exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup