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Social Studies, 16.10.2020 09:01 Jonny13Diaz

The three basic economic questions societies face are (1) what goods and services to produce, (2) how to
produce those goods and services, and (3) who will get
them.
In one or two paragraphs, explain how supply and
demand help societies determine their answers to these
three questions. Be sure to provide an example of the
effect of supply and demand on a society's answers.

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