Question

Select all that apply.

Answer 1

Answer;

Who will consume the goods and services?

What goods and services will be produced?

Explanation;

There are three key economic questions every society must answer. These are;

• What goods and services should be produced?
• How should these goods and services be produced?
• Who consumes these goods and services?

The role of a consumer (or of consumers in general) is important in an economic system because it is consumers who demand goods and services. When they do this, they make it so that other people can have jobs making the goods and services the consumers want.

Answer 2

I would say that , what goods and services will be produced, and how will the goods and services be produced.