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- Asked by Nikita Chetry
- Latest Answer: 40 days ago
- In: Commerce
In a planned economy, who decides what to produce, how to produce and for whom to produce?
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- Asked by Nikita Chetry
- Latest Answer: 40 days ago
- In: Commerce
With what objective goods and services are produced in a capitalist economy?
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- Asked by Nikita Chetry
- Latest Answer: 40 days ago
- In: Commerce
Which central problem is essentially the problem of distribution of income?
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- Asked by Nikita Chetry
- Latest Answer: 40 days ago
- In: Commerce
Which central problem is related to the method by which the goods are to be produced?
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- Asked by Nikita Chetry
- Latest Answer: 40 days ago
- In: Commerce
Name the two techniques of production.
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- Asked by Nikita Chetry
- Latest Answer: 40 days ago
- In: Commerce
Name the problems involved in the allocation of resources.
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- Asked by Nikita Chetry
- Latest Answer: 40 days ago
- In: Commerce
We have multiple wants. Can we satisfy all these wants? Give an answer with reason.
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- Asked by Nikita Chetry
- Latest Answer: 40 days ago
- In: Commerce
Explain the three central problems with one suitable example of each.
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- Asked by Nikita Chetry
- Latest Answer: 40 days ago
- In: Commerce
Why is it said that a free market economy ensures most efficient allocation of resources?
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