Describe the problem ‘For whom to produce’.


‘For whom to produce’, is one of the basic problems in an economics.
Due to the scarcity of resources available at a particular period of time, one of the problems faced by the producers of goods and services is who will be the ultimate consumer of their goods.
For instance, a produce may face a problem as to whether they should produce luxury goods or goods for mass consumption with the available resources.

Final Answer: The problem of ‘for whom to produce’ is one of the central problems in economics which deals with the allocation of resources among the individuals living in an economy.