When markets or governments make economic decisions about how to most efficiently convert their resources into goods and services, what basic economic question are they answering? select one of the options below as your a. how to produce? b. for whom to produce? c. how much money should be printed? d. what to produce?

There are four given basic economic questions and these serve as a guide on the production of goods and services. In the given scenario above, the basic economic question that they are answering would be how to produce. The correct answer is option A. This question applies since resources are also limited. And they must make a way on how to produce enough goods and services from limited resources. Hope this helps.

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