CUET Economics - The problem 'For whom to produce' is basically concerned with _______. | PYQs + Solutions

CUET Economics 2025 30 May Shift 1

Economics

Easy

Production of goods and services.

choosing appropriate technique of production.

distribution of output in the society.

choosing among the commodities for production.

✅ Correct Option: 3

Related questions:

3 June Shift 1

Match List-I with List-II

List-I	List-II
(A) Macroeconomics	(I) Unlimited.
(B) Human wants	(II) Economics of 'what ought to be'.
(C) Normative Economics	(III) A system by which people of an area earn their living.
(D) Economy	(IV) Studies the problem of choice at the level of the country as a whole.

Choose the correct answer from the options given below:

28 May Shift 2

A capitalist economy can be defined as an economy in which most of the economic activities have the following characteristics.

(A) Sale and purchase of labour services at their own price.

(B) Sale and purchase of labour services at the wage rate.

(D) Authorities may intervene to achieve an equitable distribution of the final mix of goods and services.

Choose the correct answer from the options given below:

13 May Shift 2

The economic approach in which we try to understand whether given mechanisms are desirable or not is known as ..........

CUET Economics 2025 30 May Shift 1 PYQs