Which of the following are the basic economic questions? Select all that apply.

Question

(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

Answer 1

The basic economic questions typically include:

1. What goods are produced?
2. How should goods be produced?
3. Where should goods be produced?
4. Who receives the produced goods?

Therefore, the correct answers from your list are:

• Where should goods be produced?
• How should goods be produced?
• What goods are produced?
• Who receives the produced goods?

The question "Which resources can be used for goods?" is related to resource allocation but is not typically categorized as one of the four fundamental economic questions. The question "Why will people buy the goods?" pertains to consumer behavior rather than the production and distribution of goods.

Answer 2

Only 3

Answer 3

I apologize for the oversight. The basic economic questions typically focus on resource allocation and production. The three core questions are:

1. What goods are produced?
2. How should goods be produced?
3. Who receives the produced goods?

So, from your original list, the correct responses would be:

• What goods are produced?
• How should goods be produced?
• Who receives the produced goods?

Thank you for your patience!