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1. What to produce?

2. How to produce?
3. For whom to produce?
What is the best title for the information in the box?
Please help!

User Sjaak
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1 Answer

9 votes

Answer:

basic economic problem facing the society

Step-by-step explanation:

what to produce: this is the first problem determining what goods and services to produce and in what quality . the problem arises due to human wants are unlimited relative to the available resources

how to produce: this question of how to produce implies which methods of production or techniques to be employed

for whom to produce:in the society at Large,we have the rich and poor, old and young.the entrepreneur has the problem of whom to produce for

User RFV
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