The Distribution of Goods and Services in Economics

Answered using GPT-4o by AI Answer Generator

Question:

One of the three main questions of economics addresses who should

produce goods and services. market goods and services. receive goods and services. distribute goods and services.

Answer:

receive goods and services.

The three main questions of economics are:

  1. What to produce?
  2. How to produce?
  3. For whom to produce?

The third question, "For whom to produce?" addresses who should receive the goods and services that are produced. This question deals with the distribution of resources and products in an economy, determining how the output is allocated among different individuals and groups in