The three essential questions that every economy must solve are
A)what, how many, and for whom?
B)how, what, and where?
C)what, how, and for whom?
D)what, how much, and for whom?
E)where, how, and for whom?

Question

Quizplus · Accepted Answer

The three essential questions that every economy must solve are what goods and services will be produced (what), how they will be produced (how), and for whom they will be produced (for whom). This is because the economy must determine what to produce based on the needs and wants of consumers, how to produce it based on available resources and technology, and for whom to produce it based on factors such as income distribution and consumer preferences.

The Three Essential Questions That Every Economy Must Solve Are