Micro

Introduction

Easy

Problem of for whom to produce is related to _______.

Decision regarding quantity of goods to be produced

Decision related to production of necessary or luxury goods

Technique of production

Decision regarding distribution of goods

✅ Correct Option: 4

The problem of 'for whom to produce' relates to the distribution of goods and services among different sections of society. It deals with how national income and output is distributed among people.

2025: 21 May Shift 1

Which of the following central problems deal with the distribution of final goods and services?

2025: 28 May Shift 2

The book 'An Enquiry into the Nature and Cause of the Wealth of Nations' was published in which of the following year.

2025: 29 May Shift 2

Whether to have more consumption goods or to have investment goods which will boost production and consumption tomorrow, is a part of which of the central problem?

2026: 31 May Shift 1

Every society has to answer three basic economics questions. Which one of the following is not part of those three questions?

2023: 11 June Shift 3

Which of the following is not correct statement ?

2022: 15 July Shift 2

Match List I with List II

List I: Economic issue	List II: Refers to
A. Scarcity	I. Based on facts
B. Normative statement	II. Central problem of an economy
C. Positive statement	III. Problem of choice
D. What to produce	IV. Based on value judgment

Choose the correct answer from the options given below:

Problem of for whom to produce is related to _______.

Solution

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CUET Economics Past Year Questions (Topic-Wise)