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Central Problems & the PPC · Question 18 of 87

Question 18

MediumOriginal question

The problem 'for whom to produce' is about

Options for question 18

Show the answer and explanation
CorrectNot quiteAnswer A

Correct answer: A

Explanation

  1. 'For whom' is the problem of distribution: who gets how much of what is produced.

  2. It depends on how income is distributed among the owners of land, labour, capital and enterprise.

Concept
Problem of distribution
Typical time
70 s
Your time
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The rule this testsScarcity and the central problems
Practise this chapter →

Ten questions from Central Problems & the PPC, at your own pace.

Practise this chapter →

Ten questions from Central Problems & the PPC, at your own pace.