Question

When markets or governments make economic decisions about how to most efficiently convert their resources into goods and services, what basic economic question are they answering?Select one of the options below as your answer: A. How to produce? B. For whom to produce? C. How much money should be printed? D. What to produce?

Answer 1

A how to produce...as it is to decide how to produce whether labor should be used or capital to convert resources into goods and services effeciently as possible.

Answer 2

thank you!