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Which central problem of an economy is concerned with the selection of goods and services to be produced? a. Where to produce? b. How to produce? c. What to produce? d. Whome to produce

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter1: What Is Economics

Section1.1: The Basic Problem In Economics

Problem 1R

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Which central problem of an economy is concerned with the selection of goods and services to be produced? a. Where to produce? b. How to produce? c. What to produce? d. Whome to produce?

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