economic systems seek to answer what key economics questions? Select all that apply
a) how should goods and services be produced?
b)where goods and services will be produced?
c)when goods and services will be produced?
d)what goods and services will be produced?
e)who will consume goods and services?

Answers

Answer 1
The key economic questions are:
D what goods and services will be produced
A. how should goods and services be produced
E. who will consume goods and services

By following these three basic questions a potential businesses will have a higher chance to penetrate the market and take profits for their products
Answer 2
Final answer:

Economic systems seek to answer how goods and services should be produced, what goods and services will be produced, and who will consume goods and services.

Explanation:

Economic systems seek to answer the following key economic questions:

How should goods and services be produced? This refers to the choice of production methods and technology that will be used.What goods and services will be produced? This pertains to deciding what products and services will be produced to meet consumer demand.Who will consume goods and services? This encompasses determining the allocation of resources and distribution of goods and services among individuals and groups.

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