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28 January, 20:45

A clothing company produces a new line of inexpensive jeans using a special process that is environmentally friendly. In this example, how has society answered the three basic economic questions?

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  1. 28 January, 23:37
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    The three basic questions are what should be produced, how it should be produced, and for whom should it be produced. The answer for the first question is jeans, they decided to begin making jeans. The second question's answer is by using a special process to be environmentally friendly. The third question's answer is for people who are not as wealthy which is found in the description that they are inexpensive jeans. This way they've answered all three questions and their business can begin thriving if there's a demand for it.
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