Question
Question
Which of the following are the basic economic questions? Select all that apply.
(1 point)
Responses
Where should goods be produced?
Where should goods be produced?
How should goods be produced?
How should goods be produced?
What goods are produced?
What goods are produced?
Which resources can be used for goods?
Which resources can be used for goods?
Who receives the produced goods?
Who receives the produced goods?
Why will people buy the goods?
Which of the following are the basic economic questions? Select all that apply.
(1 point)
Responses
Where should goods be produced?
Where should goods be produced?
How should goods be produced?
How should goods be produced?
What goods are produced?
What goods are produced?
Which resources can be used for goods?
Which resources can be used for goods?
Who receives the produced goods?
Who receives the produced goods?
Why will people buy the goods?
Answers
GPT-4o mini
The basic economic questions that are typically considered fundamental in economics are:
1. **What goods are produced?**
2. **How should goods be produced?**
3. **Who receives the produced goods?**
The other options ("Where should goods be produced?", "Which resources can be used for goods?", and "Why will people buy the goods?") are not considered the primary economic questions. Therefore, you should select the first three options.
1. **What goods are produced?**
2. **How should goods be produced?**
3. **Who receives the produced goods?**
The other options ("Where should goods be produced?", "Which resources can be used for goods?", and "Why will people buy the goods?") are not considered the primary economic questions. Therefore, you should select the first three options.