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2.2.2 Key resources allocation decisions

Unit 2.2.2 - Key resources allocation decisionsThis section of the Cambridge IGCSE Economics (0455) syllabus requires students to understand key resources allocation decisions. This includes establishing that the basic economic problem creates three key questions about determining resource allocation, namely what to produce, how to produce, and for whom to produce.Irrespective of the economic system (planned, market,...

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