Choice between 'production for the poor' and 'production for the rich' refers to the problem of 'what to produce'.

True

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False

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Solution

The correct option is B False
Choice between 'production for the poor' and 'production for the rich' refers to the problem of 'for whom to produce' where the product is produced keeping in mind the the end users of the product whereas 'what to produce' relates with the production of goods that are in high demand in the economy irrespective of poor or rich class.

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