Which of the following is the best example of the "WHAT" economic question?
A) Is the production process using an efficient amount of labor and capital machinery?
B) Who gets the goods once they are produced?
C) What is the most efficient method for producing goods?
D) What is the optimal mix of output?

Question

Quizplus · Accepted Answer

The "WHAT" economic question deals with what goods and services to produce, and in what quantities. Option D directly addresses this question by asking what the optimal mix of output is. Options A, B, and C deal with the "HOW" and "FOR WHOM" economic questions, which relate to the production process and distribution of goods.

Which of the Following Is the Best Example of the "WHAT