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11 November, 04:55

Which is a basic economic question that must be answered by all economic systems?

a

How will goods and services be produced?

b

How will government collect income taxes?

c

What will be the amount of the minimum wage for workers?

d

What will be the share of the profits that go to businesses?

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Answers (1)
  1. 11 November, 07:42
    0
    a How will goods and services be produced?

    Explanation:

    The three basic economic questions are:

    What to produce, how to produce and for whom to produce.
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