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1329. Basic Problems in Economy - What is produced & what quantities

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1329. Basic Problems in Economy - What is produced & what quantities

A
Arinjay Jain Academy

5 Views • Jul 13, 2015

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In an economy, the factors of production are limited. Hence, the limited resources available are to be used for production of only certain commodites and not all of them. Hence the question of What is to be produced and in what quantities.

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