The three basic economic questions are:
What goods and services should be produced?
- biased on supply and demand and on the amount of resourses to crate that good or service
How should the goods and services be produced?
- depends on the quality of the product and weather or not there is enough materials to make product
For whom should the goods and services be produced?
-whoever needs or wants them. Law of supply and demand.
~~Baisically all the answers to this question depend on the good or product and the people who need them.
