__________ gives rise to the problem of choice.

Problem of for whom to produce is related to _______.

Which central problem deals with choice of technology to be used for production ?

Identify the characteristics of the resources from the following

(A) Resources are limited

(B) Resources are available for free

(C) Resources are scarce only in developing countries.

(D) Resources have alternative uses.

Choose the correct answer from the options given below:

The allocation of scarce resources and the distribution of the final goods and services are the _____ of any economy.

1. States problems
2. Consumption problems
3. Central problems
4. Production problems

Any allocation of resources by the society would result in the _____ of a particular combination of different goods and services.

In a market Economy; prices are determined by :