Ravi has a business developing smartphone apps. Which of these answers the economic question How to produce? Spend a week working on a new program Research and interview potential customers Read marketing and technology periodicals Select four new phones for app placement

The right answer to this item is I think, the first choice, spend a week working on a new phone. This would answer the question, How to produce?. Among the choices presented in this item, this choice suggests that the company should spent ample amount of time to develop the apps for the smartphones.