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What are the three economic questions that economic systems must answer?
The 3 basic questions in economics are: What to produce? How to produce? For whom to produce?
What type of economy answers the three basic economic questions?
3 types of economic system
Which economy answers the 3 basic economic questions with the phrase do as you have always done?
hgh
Who answers the 3 basic economic questions in a market economy?
by the interaction of buyers and sellers in a marketplace.
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 three economic questions that economic systems must answer?
The 3 basic questions in economics are: What to produce? How to produce? For whom to produce?
What type of economy answers the three basic economic questions?
3 types of economic system
Which economy answers the 3 basic economic questions with the phrase do as you have always done?
hgh
Who answers the 3 basic economic questions in a market economy?
by the interaction of buyers and sellers in a marketplace.
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 basic economic questions must the nation answer?
Scarcity of resources cause all nations to answer 3 economic questions because people have unlimited wants but limited resources to produce them.
What are the 3 basic economic questions all societies must answer?
1. What to produce? 2. How to produce? 3. For whom to produce?
How are the three basic economic questions answered in the united stated be specific?
What to produce, how to produce it, and who to produce it for (the 3 economic questions) are answered primarily by private companies in the U.S. Rarely does the government intervene in private sector production.
What is an economy that answers its basic economic questions by doing things the way they always have been done called?
A.) Traditional economy. :3
What are the three economic questions?
The three economic questions are: What to produce? How to produce it? Who will consume it?
What are the 3 fundamental questions that all economic systems must answer?
What to produce?How to produce?For whom to produce?These are the three fundamental questions that all Economic systems must answer.
What are the three economic questions that economic systems address?
1. what to produce, 2. how to pruduce, and 3. for whom to produce.
