The coordination task of any economy that answers the question of how output shall be divided among consumers may best be described as
A)output selection.
B)production planning.
C)distribution.
D)input-output analysis.

Question

Quizplus · Accepted Answer

The coordination task of distribution involves determining how output shall be divided among consumers, which is the process of allocating goods and services among various households and industries. This includes decisions on the pricing, marketing, and delivery of goods and services to consumers. Output selection may be a part of distribution, but it does not encompass the entire coordination task. Production planning involves the allocation of resources to produce goods and services, while input-output analysis is a method of analyzing the interdependence of different sectors of the economy.

The Coordination Task of Any Economy That Answers the Question