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jonny [76]
3 years ago
9

Failure to address the three questions of economics will have what kind of impact on an economy?

Social Studies
2 answers:
m_a_m_a [10]3 years ago
6 0

C-It will have negative consequences.

mamaluj [8]3 years ago
4 0
<h2>Option C It will have negative consequences.</h2>

The three questions of economics;

  • What to Produce? A real command economy is about the production that is defined by a primary economic authorization. The true free market production is planned by unique preferences. Nevertheless, most states befall around within an actual command economy and a truly free market and production is concluded by a blend of fundamental preparation and personal preferences.
  • How to Produce? There are several methods to design a product or service of the similar essence. As a businessperson, it is necessary to possess a distinct perception of total dilemmas.
  • For Whom to Produce? All goods and services are invented for notable to consume. A free market, who understands the defined by capability to produce at a rate decided by supply and demand.
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