42.
What is the central economic problem
true
What to produce How much to produce and for whom to produce LOL idk if thats right .... :)
The basic economic problem which is Scarcity give rise to 3 fundamental problems. 1) What to produce (Type & how many) 2) How to produce (Methods of production) 3) Whom to produce for (Not for everyone will get the good) Because of limited resources.
Yes. The difference is that richer countries can cover these basic ones more easily, and can move on to covering more advanced questions.
What is the central economic problem
true
What to produce How much to produce and for whom to produce LOL idk if thats right .... :)
problem
The basic economic problem which is Scarcity give rise to 3 fundamental problems. 1) What to produce (Type & how many) 2) How to produce (Methods of production) 3) Whom to produce for (Not for everyone will get the good) Because of limited resources.
Figure, face, or fundamental region. Figure: a set of points Face: a polygonal region of a surface Fundamental region: a region used in a tesselation
something that is attached to Ur face.(:
Yes. The difference is that richer countries can cover these basic ones more easily, and can move on to covering more advanced questions.
The central problem in economics is that resources are scarce and have alternative uses, but our wants are without limits! Therefore not all of our wants can be satisfied. We must therefore choose what goods and services to produce and therefore which of our many wants to satisfy.
All resources are scarce.
economic crash
They face the same basic economic problems