Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsIntroduction3 Marks
Question
With the help of suitable example explain the problem of ‘for whom to produce’.
✓
Answer
Goods and Services are produced for those who have the purchasing power or income to buy those goods and services. Therefore, the problem of ‘for whom to produce’ amount to the problem of distribution of income in the society.
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