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? - only 3 answers are allowed
How should goods be produced?
How should goods be produced? - only 3 answers are allowed
What goods are produced?
What goods are produced? - only 3 answers are allowed
Which resources can be used for goods?
Which resources can be used for goods? - only 3 answers are allowed
Who receives the produced goods?
Who receives the produced goods? - only 3 answers are allowed
Why will people buy the goods?
The three basic economic questions are:
1) What goods are produced?
2) How should goods be produced?
3) Who receives the produced goods?
Therefore, the correct selections are:
- What goods are produced?
- How should goods be produced?
- Who receives the produced goods?