Three of the four following questions are indicative of the three fundamental economic questions. Leaving out the irrelevant question, rearrange the three relevant questions in the order an economy must answer them. - How should hybrid cars be produced?
- Should corn be produced in the North or in the South?
- Who drives hybrid cars ?
- Should more hybrid cars and fewer SUVs be produced?

Question

Three of the four following questions are indicative of the three fundamental economic questions. Leaving out the irrelevant question, rearrange the three relevant questions in the order an economy must answer them.   - How should hybrid cars be produced? 
 - Should corn be produced in the North or in the South?
 - Who drives hybrid cars ?
 - Should more hybrid cars and fewer SUVs be produced?

Quizplus · Accepted Answer

The three fundamental economic questions are: 1) What to produce? (Should more hybrid cars and fewer SUVs be produced?), 2) How to produce? (How should hybrid cars be produced?), and 3) For whom to produce? (Who drives hybrid cars?). These questions address the allocation of resources, production methods, and distribution of goods and services, respectively.

Three of the Four Following Questions Are Indicative of the Three