When firms in an economy start producing more computers and fewer televisions, they are answering the _______ part of one of the two big economic questions.

Question

Quizplus · Accepted Answer

The question being answered is "what" to produce. When firms decide to produce more computers and fewer televisions, they are determining the types of goods to produce, which directly addresses the "what" aspect of the fundamental economic questions regarding resource allocation.

When Firms in an Economy Start Producing More Computers and Fewer