12th Class Economics Solved Paper - Economics 2017 Delhi Set-II

  • question_answer Explain the problem of 'what to produce'.

    Answer:

    What to produce refers to the most important central problem. There are two types of commodities which a consumer has to produce:
                (1) War - Time commodities
                (2) Peace - Time commodities
                An economy has to decide from these two commodities.


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