Which of the following is a basic question answered by an economic system?
A) for whom goods and services are produced.
B) how goods and services are produced.
C) what goods and services are produced.
D) all of these.

Question

Quizplus · Accepted Answer

An economic system addresses all three basic questions: for whom goods and services are produced (choice A), how goods and services are produced (choice B), and what goods and services are produced (choice C). Therefore, choice D is the correct answer.

Which of the Following Is a Basic Question Answered by an Economic