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Which basic economic question determines how a society will produce goods and services?

A. Who consumes the goods and services?
B. How can available resources be used efficiently?
C. What goods and services are produced?
D. What price should goods and services be sold at?


Sagot :

Final answer:

The question addresses the allocation of resources in an economy based on goods and services production.


Explanation:

What goods and services are produced in an economy is a fundamental economic question that determines the allocation of resources. It reflects society's choice on the multitude of goods and services to produce, addressing the needs and wants of consumers.

The three basic economic questions are What should be produced, How should goods and services be produced, and For whom should goods and services be produced.


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