Question 10 — A production decision in the news - Questions at the end of the chapter - Chapter 8 - Building Blocks in Economics: The Problem of Choice

Last updated at September 18, 2026 by

Identify a news article from any newspaper of your choice about a product or commodity (such as vegetables, fruits, fuel, or electronics) where producers or companies are deciding how much to produce or supply. Write 2-3 sentences explaining the example you found and why the production decision was made.

Concept What to Produce and for Whom?
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  • In May 2026, Tata Motors decided to raise its electric car production by about 50 per cent.
  • Its output was to go from about 9,000 to 10,000 units a month to about 15,000 units a month.
  • The decision was made because bookings for its electric cars had grown to about 2 to 2.5 times in just two months, and because rising petrol and diesel prices were pushing buyers towards electric cars.

Source: Autocar India, 29 May 2026.

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