Micro

Introduction

Easy

Distribution of output relates to which central problem of an Economy ?

What to produce

How much to produce

How to produce

For whom to produce

✅ Correct Option: 4

The central problems of an economy are: What to produce (choice of goods), How to produce (choice of technique), and For whom to produce (distribution of output). Distribution of output determines who gets what share of the total goods and services produced. This is the problem of "For whom to produce."

2025: 15 May Shift 1

Which of the following depicts the central problem of economy, 'How to produce'?

2022: 16 July Shift 2

The main issues of an economy are:

2025: 22 May Shift 2

suppose an individual with same working condition got three alternative job in his hand he has selected the best and need to forgone the next best alternative. Identify the indicated cost in the aforesaid statement.

2026: 11 May Shift 1

What causes the production possibility frontier concave downward shape towards the origin?

2025: 29 May Shift 1

The first book on Microeconomics, "An inquiry into Nature and Cause of the Wealth of Nations", was written by_________.

2025: 30 May Shift 1

The problem 'For whom to produce' is basically concerned with _______.

Distribution of output relates to which central problem of an Economy ?

Solution

Related questions:

Keyboard Shortcuts

CUET Economics Past Year Questions (Topic-Wise)