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

1. Name 5 simple crochet stiches.
Which igneous composition contains mostly olivine crystals with minor amounts of pyroxene?.
Sophia is going to eat a round lollipop that has a diameter of 12 centimeters. What is the lollipop's radius?
find the quotient 3/5÷7/8​
Why was the revolt on Saint-Domingue significant?
write a poem with 6 lines
In the sentence below, choose the nouns that the signal words (articles) are signaling. The monkey dropped a nut on the head of a man. a The man the monkey on n
what is the resolution war about?
Multiply: 3x4= and 2 x 3 =
_____ has become a major recipient of FDI and hit a record of $139 billion in 2018. Multiple choice question.