Australian producers decide to produce more compact cars and fewer tractors as the price of fuel rises. Producers are answering the _______ part of one of the two big economic questions.

Question

Quizplus · Accepted Answer

Producers are answering the "what" part of the economic questions by deciding what types of products to produce (compact cars instead of tractors) in response to changes in fuel prices.

Australian Producers Decide to Produce More Compact Cars and Fewer