The answer to, "What goods are to be produced?" deals with: who gets the goods. Ohow tastes and preferences are determined. how resources are combined to produce goods and services. the kinds and quantities of goods and services produced.

MACROECONOMICS FOR TODAY
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ISBN:9781337613057
Author:Tucker
Publisher:Tucker
Chapter2: Productions Possibilities, Opportunity Costs, And Economic Growth
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The answer to, "What goods are to be produced?"
deals with:
who gets the goods.
how tastes and preferences are determined.
how resources are combined to produce goods and
services.
the kinds and quantities of goods and services
produced.
Transcribed Image Text:The answer to, "What goods are to be produced?" deals with: who gets the goods. how tastes and preferences are determined. how resources are combined to produce goods and services. the kinds and quantities of goods and services produced.
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