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The problem of ‘What to produce’ relates to—
  • a)
    The distribution of produced goods and services
  • b)
    The technique of production to produce good
  • c)
    The distribution of income among factor owners
  • d)
    None of these
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
The problem of ‘What to produce’ relates to—a)The di...
What possible commodities to produce: An economy has to decide, which consumer goods (rice, wheat, clothes, etc.) and which of the capital goods (machinery, equipment's, etc.) are to be produced.
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Most Upvoted Answer
The problem of ‘What to produce’ relates to—a)The di...
The Earth's plastic pollution is a major issue that is affecting our planet's health and biodiversity. Plastic waste is harming marine life, polluting our oceans and waterways, and even entering the food chain. The problem is exacerbated by the fact that plastic takes hundreds of years to break down, leading to the accumulation of waste in landfills, oceans, and other natural environments. The production of plastic also contributes to greenhouse gas emissions, as it is derived from fossil fuels. Solving the problem of plastic pollution will require a multi-faceted approach, including reducing our reliance on single-use plastics, increasing recycling efforts, and finding sustainable alternatives to plastic products.
Community Answer
The problem of ‘What to produce’ relates to—a)The di...
I think the answer is (b) because they have to decide that what or which type of goods should produce
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The problem of ‘What to produce’ relates to—a)The distribution of produced goods and servicesb)The technique of production to produce goodc)The distribution of income among factor ownersd)None of theseCorrect answer is option 'A'. Can you explain this answer?
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