Question & Answer - Isolated Study

Economics

Extracted Text:
One of the three economic questions deals with deciding OOO what goods and services should be produced. what the costs of production should be. how goods and services will be marketed. how consumers will receive products.

Answer

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Based on the three fundamental economic questions, the correct option is:

what goods and services should be produced.

Explanation

In economics, every society must answer three basic questions to determine how to allocate its scarce resources. These questions are:

* What to produce? (This matches the first option: deciding what goods and services should be created.)

* How to produce? (Deciding the methods, technology, and resources used in production.)

* For whom to produce? (Deciding who will get to consume the goods and services.)

The option currently selected in the image ("how goods and services will be marketed") is incorrect. While marketing is an important business function, it is not considered one of the three fundamental questions of economics.