Question

If a society decides to produce consumer goods from its available resources, it is answering the basic economic question, How to produce? What to produce? For whom to produce?

A) how to produce
B) what to produce
C) to whom to produce

Answer 1

It's B; what to produce

Answer 2

In the question "If a society decides to produce consumer goods from its available resources, it is answering the basic economic question, How to produce? What to produce? For whom to produce?" the correct answer is what to produce. Because of scarce resources, every economy must make a basic choice of what goods and services to produce in orther to creat maximum utitlity.