Which fundamental question about a competitive market system primarily focuses on the cost of producing the good and services?
A)What will be produced?
B)How will the goods and services be produced?
C)How will the system accommodate change?
D)Who is to receive the output?

Question

Quizplus · Accepted Answer

The question "How will the goods and services be produced?" primarily focuses on the cost of production, as the answer to this question will determine how much it will cost to produce the goods and services. The other questions listed (A, C, and D) are also important in a competitive market system, but they do not primarily focus on the cost of production.

Which Fundamental Question About a Competitive Market System Primarily Focuses