jaydaman279 jaydaman279
  • 03-02-2020
  • Business
contestada

Which of the following best illustrates the importantance of addressing the three questions of economics

Respuesta :

knowledgepower50
knowledgepower50 knowledgepower50
  • 09-02-2020

Answer:

The three question of economics are: what to produce, how to produce and for whom to produce? All of this implicate the scarcity of resources, which is what sums up all three questions. How to efficiently use what we have in order to make the biggest output possible? Inputs are limited, and businesses should use resources wisely, in a planned manner.

Answer Link

Otras preguntas

what are some ways people prepare for natural hazards
What is dramatic license
what year did america declare independence
if it's 11:30p.m.what is the time in the 24 he clock system.
X over 24 equals 30 over 36
Can I just get some feedback on this poem please. Long time/heart break You know what sucks about falling for a guy is he breaks your heart and doesn't think tw
Who was Cortes and what did he do in his time?
Points that lie on the same plane are?
what is it called when a line of poetry continues on to another line both in sense and in grammar?
Evaluate the expression. 32 ÷ 8 · 4 A. 1 B. 8 C. 16 D. 64