14
QuizMultiple Choice

Introduction to Economics — Test

Question 14 • CMS 2026-2027 Economics and Personal Finance INITIAL CREDIT

One of the three economic questions deals with deciding

Answer
A
how consumers will receive products.
B
what goods and services should be produced.
C
how goods and services will be marketed.
D
what the costs of production should be.

Explanation

One of the three basic economic questions is what goods and services should be produced. The other questions are how they should be produced and who should receive them. Therefore, the correct choice is “what goods and services should be produced.”

AI-written and checked against the verified answer.

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