7cameronross 7cameronross

19-10-2022
History

Answered

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.

Answer :

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