Rain3yIgnNilarks
Answered

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:

AHow to produce?
BFor whom to produce?
CHow much money should be printed?
DWhat to produce?

Verified Answer :

taskmasters

"How to produce?" is the one basic question among the following choices given in the question that they are answering. The correct option among all the options that are given in the question is the first option or option "A". I hope that the answer has actually come to your help.

easilybrill

Answer:

Letter A: How to produce?

Explanation:

The question "How to produce?" is the one that needs to be answered when making this decision. Once a market or a government has the resources, they already know what they want to produce, so the following question to be answered is how to produce it. This question is pertinent in all areas because not only do markets want to have an specific product, but they also need to find the best way to get to this product, an efficient way that will bring the best results.

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