The problem of what and how to produce is studied under which branch of economics?

Theory of production

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Theory of distribution

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Theory of growth

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Price theory

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A Theory of production
The two main questions of what and how in the central problems of an economy is solved by deciding in advanced the distribution channel and target market which is a part of theory of production as in these theories all such problems are solved which are related to production.

Suggest Corrections