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Cher Is a Struggling Soybean Farmer Who Is Frustrated with Low

Question 61

Multiple Choice

Cher is a struggling soybean farmer who is frustrated with low soybean prices. In the spring, rather than planting more soybeans, Cher decides to use her economic resources to grow barley instead. Cher's decision is an example of what fundamental economic question?


A) What should be produced?
B) Where shall we produce?
C) How should it be produced?
D) For whom should it be produced?

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