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Explain the central problem of “how to produce” in economics

Explain the central problem of “how to produce” in economics

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Explain the central problem of “how to produce” in economics

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All the societies faces the economic problems in the country which is basically the problem of how to make actually best use of the scarce or the limited resources whenever required.

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