Which of the following is NOT one of the basic questions that an economic system attempts to answer?
A) How to identify what people need?
B) What to produce?
C) How will goods and services be produced?
D) For whom will goods and services be produced?

Question

Quizplus · Accepted Answer

While identifying what people need is important for businesses and marketers, it is not one of the basic questions that an economic system attempts to answer. The basic questions are what to produce, how to produce it, and for whom to produce it.

Which of the Following Is NOT One of the Basic