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What are the 3 basic economic questions?
The three basic economic questions are:What goods and services should be produced?How should the goods and services be produced?For whom should the goods and services be produced?
What are the basic problems of economics?
What to produce? A nation must determine what good or services that they want to produce. How many and when?How to produce? Who will do the production, the resources and what production techniques they will use.For whom to produce? Who will gets the services and who will buy the goods produces.
What commodities are produce how are goods produce and for whom are goods produce?
they let the customers and citizens decide.
What Three question every economy must answer?
What goods and services will be produced?How will the goods and services be produced?Who will get the goods and services?
Who determines what goods to produce in the economy?
It is the demand and supply which determines the goods and services to produce in the economy.
What are the 3 basic economic questions?
The three basic economic questions are:What goods and services should be produced?How should the goods and services be produced?For whom should the goods and services be produced?
For whom are goods services produce in a market economy?
In a market economy, goods and services are produced for consumers.
What are the basic problems of economics?
What to produce? A nation must determine what good or services that they want to produce. How many and when?How to produce? Who will do the production, the resources and what production techniques they will use.For whom to produce? Who will gets the services and who will buy the goods produces.
What commodities are produce how are goods produce and for whom are goods produce?
they let the customers and citizens decide.
What are the four basic questions of economy?
What goods and services will be produced?How will the goods and services be produced?Who will get the goods and services?How will the system accomodate change?
What Three question every economy must answer?
What goods and services will be produced?How will the goods and services be produced?Who will get the goods and services?
Do you believe Grenada resources is utilizing to produce goods and services?
i think there goods and services are excellent!!
Who determines what goods to produce in the economy?
It is the demand and supply which determines the goods and services to produce in the economy.
For whom are goods and services produced in a market economy?
Goods and services are produced for consumers . What the consumer wants, the entrepraneur or company will give..
What is the purpose of the firm?
To produce goods and services
What is a purpose of a firm?
To produce goods and services
Manufactured goods needed to produce other goods and services are called?
Capital Goods.
