Why does the problem of' what to produce' arise ? Explain.

1.	Why does the problem of' what to produce' arise ? Explain.
Answer» <html><body><p></p>Solution :It arises because resources are <a href="https://interviewquestions.tuteehub.com/tag/scarce-629762" style="font-weight:bold;" target="_blank" title="Click to know more about SCARCE">SCARCE</a> and have alternative <a href="https://interviewquestions.tuteehub.com/tag/uses-722152" style="font-weight:bold;" target="_blank" title="Click to know more about USES">USES</a>. Since many <a href="https://interviewquestions.tuteehub.com/tag/goods-1009877" style="font-weight:bold;" target="_blank" title="Click to know more about GOODS">GOODS</a> and services can be produced form these resources, the <a href="https://interviewquestions.tuteehub.com/tag/problem-25530" style="font-weight:bold;" target="_blank" title="Click to know more about PROBLEM">PROBLEM</a> is that which of these should be produced.</body></html>

Discussion