Problem of distribution of resources is reduced to
For whom to produce
What to produce
Full utilization of resources
Economic growth
Problem of allocation of resources includes
How to produce
All the above
Production possibility curve is also called
Opportunity cost curve
Transformation curve
Production possibility frontier
Rightward shift of production possibility curve means
Under utilization of resources
Production of capital goods only
Production of economic goods only
Economic problem arises because of
Abundance of resources
Scarcity of resources
Alternative use of resources
Not using resources
What to produce is a question of
Efficient use of resources
Allocation of resources
Growth of Resources
Lack of resources
