The problem of what to produce is a problem of:
A)distribution
B)technological choice
C)consumption
D)allocation of resources

Name: The problem of what to produce is a problem of: A)distribution B)technological choice C)consumption D)allocation of resources
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Question

Quizplus · Accepted Answer

The problem of what to produce is fundamentally a problem of allocation of resources. It involves decisions on how to use limited resources (such as labor, capital, and land) to meet various needs and wants in an economy.

The Problem of What to Produce Is a Problem Of