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

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.

high entry costs prevent new producers from entering the market.

explanation:

an oligopoly is a term used to clarify the structure of a particular market, industry, or organization. a market is considered oligopolistic or amazingly focused when it is shared between a few companies.