If a society decides to produce consumer goods from its available resources, it is answering the basic economic question, How to produce? What to produce? For whom to produce?

A) how to produce

B) what to produce

C) to whom to produce

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Christine Yu

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2 October, 02:14

If a society decides to produce consumer goods from its available resources, it is answering the basic economic question, How to produce? What to produce? For whom to produce?

A) how to produce

B) what to produce

C) to whom to produce

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Answers (1)

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Diamond Hatfield · Answer 1

In the question "If a society decides to produce consumer goods from its available resources, it is answering the basic economic question, How to produce? What to produce? For whom to produce?" the correct answer is what to produce. Because of scarce resources, every economy must make a basic choice of what goods and services to produce in orther to creat maximum utitlity.

If a society decides to produce consumer goods from its available resources, it is answering the basic economic question, How to produce? What to produce? For whom to produce?A) how to produceB) what to produceC) to whom to produce

If a society decides to produce consumer goods from its available resources, it is answering the basic economic question, How to produce? What to produce? For whom to produce?

A) how to produce

B) what to produce

C) to whom to produce