The problem of 'what to produce' relates to? Option 1: The choice of goods and services. Option 2: The distribution of income. Option 3: The market value of goods and services. Option 4: The choice of technique.

The answer is 'The choice of goods and services.'. View full solution:

CUET Economics - The problem of 'what to produce' relates to? | PYQs + Solutions

CUET Economics 2025 3 June Shift 1

Micro

Easy

The choice of goods and services.

The distribution of income.

The market value of goods and services.

The choice of technique.

✅ Correct Option: 1

Related questions:

15 May Shift 1

Match List-I with List-II (TP : TOTAL PRODUCT; L: UNITS OF LABOUR)

Choose the correct answer from the options given below:

30 May Shift 1

If the production is increased to 300 vases, what will happen to Fixed cost per unit?

3 June Shift 2

Match List-I with List-II

List-I	List-II
(A) Total revenue	(I) Minimum of LRAC curve.
(B) Supply	(II) A firm earns only normal profit.
(C) Shut down point	(III) Market price multiplied by the firm's output.
(D) Break-even point	(IV) Quantity sold at a given price.

Choose the correct answer from the options given below: