Which of the following is one of the three basic economic questions? How should goods and services be produced?

What price should be set for goods and services?

How is a budget created?

How can income be shared?

How should goods and services be produced?

Explanation:

The three basic questions of the economy are:

These questions are used in order to determine the needs of the population and the goods needed for production. This way, all the needed resources should be provided in the amounts needed.

The question of how something should be produced can tell us what technology and method should be used. This affects the organization and management. The idea is to find the most sufficient method of production that has the efficient cost, and for the goods or services to produce as quickly as possible.

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