9- New Zealand is a country with a lot of natural resources. They produce goods and services by maximizing the use of their resources and minimizing wastes. The Minimization of wastage as a central economic problem resolved by New Zealand is related to ______________. a. How to produce the goods and services? b. The problem of efficiency. c. How to distribute the products and services? d. What goods and services to be produced?

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
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Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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New Zealand is a country with a lot of natural resources. They produce goods and services by maximizing the use of their resources and minimizing wastes. The Minimization of wastage as a central economic problem resolved by New Zealand is related to ______________.
a.
How to produce the goods and services?
b.
The problem of efficiency.
c.
How to distribute the products and services?
d.
What goods and services to be produced?
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