CUET Preparation Today
The problem 'For whom to produce' is basically concerned with _____. |
production of goods and services. choosing appropriate technique of production. distribution of output in the society. choosing among the commodities for production. |
distribution of output in the society. |
The correct answer is Option (3) → distribution of output in the society. The central economic problem 'For whom to produce' deals with the question of how the goods and services produced in an economy will be distributed among its members. It is concerned with the share of the final output that goes to different groups or individuals, which is fundamentally an issue of income and wealth distribution. |
