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patternJain 8 Bek. Publication SPBDCentral Perdelend of an becauany.whatdo youmeanleyeconomiapecadelem of |
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Answer» The economic problem, sometimes called the basic, central or fundamental economic problem, is one of the fundamental economic theories in the operation of any economy. It asserts that there is scarcity, or that the finite resources available are insufficient to satisfy all human wants and needs. The problem then becomes how to determine what is to be produced and how the factors of production are to be allocated. |
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