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Robin wants to start a business. In a market economy, how might he determine what to produce?

Ask local officials and heads of families

Check recent regulatory laws

Survey potential consumers

Write to a government committee

Verified Answer :

snoozychili

survey potential or write to government committee.

marvineetesh3

Robin wants to start a business, and facing the economic problem regarding to determine what to produce? This is determined to survey the potential customers.

Option C is correct.

What is the economic problem?

As a form of social structure, economic systems must address and solve three fundamental economic problems:

  • What to produce?
  • How to produce?
  • For whom to produce?

The first problem involves the problem regarding the production of the goods, means what products should be produced in the market. This decision is taken by the survey of the customers.


The second problem involves the decision regarding the techniques of the producing the goods, it includes, labor and capital incentive technique.

The third problem involves the decision regarding the distribution of goods in the market, that for whom the goods be produced.

Therefore, option C is correct.

Learn more about the economic problem, refer to:

https://brainly.com/question/15505681

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