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Question

On which factor of the following the decision regarding "How much to produce" does not depend upon?

A
Population growth
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B
Level of production
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C
Size of market
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D
Availability of resources
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Solution

The correct option is C Level of production

Amongthe given options decision regarding "How much to produce" does not depend upon level of production. How much to produce depends on demand, Population growth, Size of market, Availability of resources etc.


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