Asked by Shay
Which statement best represents the three basic economic questions?
A) Societies must decide what is trending, what is profitable, and what influencers want.
B) Societies must decide what to charge for products, where to sell it, and when to put it on sale.
C) Societies must decide what to produce, how to produce it, and for whom to produce it.
D) Societies must decide what to supply and what to demand.
A) Societies must decide what is trending, what is profitable, and what influencers want.
B) Societies must decide what to charge for products, where to sell it, and when to put it on sale.
C) Societies must decide what to produce, how to produce it, and for whom to produce it.
D) Societies must decide what to supply and what to demand.
Answers
Answered by
GPT-4o mini
C) Societies must decide what to produce, how to produce it, and for whom to produce it.
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