Notes on the Central Problems of an Economy [with its solutions]
Compilation of Notes on the Central Problems of an Economy with its solution for class 10, 11 and 12 students. Rich or poor, developed or undeveloped, every economy must face three central problems. These are: (A) What to produce? (B) How to produce? and (C) For whom to produce? Following is a brief description of these problems: (A) What to [...]