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Directions: Analyze the following basic economic problems by means giving example situation, difficulties encountered Basic Economic Questions Example Situation Difficulties encountered 1.What product or services

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Directions: Analyze the following basic economic problems by means giving example situation, difficulties encountered Basic Economic Questions Example Situation Difficulties encountered 1.What product or services need to produced? 2. Why do we need to produce the product and services 3. How to produce the goods and services? 4. How many goods and services need to produced? 5. For whom to produced

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