Which of the following is not one of the three fundamental economic problems facing an economy?
A)How much of each good to produce?
B)How much of each input to use in producing each good?
C)How to employ technology in the most efficient way?
D)How to allocate goods and services among consumers?

Question

Quizplus · Accepted Answer

The three fundamental economic problems facing an economy are what and how much to produce, how to produce it, and for whom to produce it. The efficient use of technology is related to the second problem, so it is not a separate fundamental problem.

Which of the Following Is Not One of the Three