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15 December, 21:31

What are the three questions of economics?

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  1. 15 December, 23:26
    Three basic questions of economics are the following:

    1. What do produce? - the goods that will be produced have to sell, otherwise, no income is gained

    2. How to produce it? - the manner in which these goods are produced is equally important

    3. For whom should it be produced? - who is your target audience?
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