Which of the following is true?

• What to produce- Choice between labour intensive products or capital intensive products.
• How to produce- Whether capital goods should be used to produce the goods or not.
• Whom to produce- For which section of the society should the products be produced.

Only 3

The problems of the economy are summarised into the following 3 problems:

1. What to produce - Which type of goods should be produced
2. How to produce - Which technique should be used for the production of goods
3. For whom to produce - For whom should the goods be produced. That is who will get the product and in what quantity.