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As the owner of a small business, Zebadiah is deciding what materials he should use to make the softest teddy bears on the market. Zebadiah is solving which key question of economics?

a- what goods and services should be produced
b-who will consume the goods and services produced
c-how should goods and services be produced
d-he is not solving any of the key questions (economics, but they have a category for this)

User AlexGera
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2 Answers

3 votes
It is not A, I missed it myself.
User SmartTom
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This problem: "As the owner of a small business, Zebadiah is deciding what materials he should use to make the softest teddy bears on the market." is an example of the economic questions "what goods and services should be produced?". In this situation, it shows that before you decide what good and services should be produced you need to conceder the material and your objective towards the product that will catch the market's interest.
User Sitaktif
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