unit-1-central-problems

Unit-1 Central Problems

The purpose of this unit is to define the subject matter of economics, highlighting what constitute the central (essential) problems of an economy.

If you want to grow sugarcane on a piece of agricultural land that you own, what are the resources that you will employ as means to achieve a certain level of output of sugarcane?

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Learning Pundits Content Team

Written on Jun 26, 2019 5:27:26 PM

Some seeds, some fertilizer, certain amount of water, some laborers, may be some agricultural tools.