All economic activity boils down to the answers to three basic questions. Which of the following is NOT one of those questions?

tts Icon

How will goods be transported to markets?
tts Icon

What will be produced?
tts Icon

How will it be distributed?
tts Icon

How will it be produced?

1 answer

The question that is NOT one of the three basic economic questions is:

How will goods be transported to markets?

The three basic questions of economic activity are typically:

  1. What will be produced?
  2. How will it be produced?
  3. How will it be distributed?