Every economy faces the problem of allocating of resources for the production and distribution of

A. Goods
B. Technology
C. Services
D. Resources
E. Machinery

Choose the correct answer from the options given below:

A and C only

The correct answer is A and C only.

Every economy faces the problem of allocating resources for the production and distribution of goods and services. This is because there are a limited number of resources available, but there is an unlimited demand for goods and services. The problem of resource allocation is how to use these limited resources in the most efficient way possible to produce the goods and services that people want