Which of the following is not one of the four basic economic problems of an economy?

CA Foundation · Business Economics · PYQS · January 2025
Which of the following is not one of the four basic economic problems of an economy?
(A) A. What to produce?
(B) B. Where to produce?
(C) C. For whom to produce?
(D) D. What provisions are to be made for economic growth?

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Where to produce?

Topics: Nature & Scope of Business Economics

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