Price theory studies the problem of: (a) What goods to produce and how much to produce (b) How to produce (c) For whom to produce (d) All of the above
Dear Student
Option (a) is correct
Because price theory depend on the relationship of demand and supply of the product so, we can said that Price theory studies the problem of what good to produce and how much to produce.
Regards
Option (a) is correct
Because price theory depend on the relationship of demand and supply of the product so, we can said that Price theory studies the problem of what good to produce and how much to produce.
Regards