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

You are in charge of purchasing donuts and chocolate milk for a school activity. Find the cost of donuts and chocolate milk at your local market. You must stay
Barrer el piso in command
An experiment originally begins with
Number 7 plz. Grade 7 Math. Pre algebra
First established in 1787, what set unitarians apart from other christian denominations?
An element is ___. A.a solid form of a substance B.a substance with only one type of atom C.the smallest particle of matter D.the smallest particle of an ato
The first major national presidential nominating convention was held in
The Cleveland massacre was
Which word best completes the graphic? Conclusion Brainstorm Thesis Purpose
The _____ sparked years of war between Protestants and Catholics before Germany was unified in the 1800s. A) Reformation B) Triple Alliance C) Franco-Prussi