Question

Which of the following best describes the three fundamental economic questions? a. What time to produce, what place to produce, and how to produce b. What to produce, when to produce, and where to produce c. What to produce, how to produce, and for whom to produce

Answer 1

Answer:

C. What to produce, how to produce and who are you producting it for

Answer 2

Option C) What to produce, how to produce, and for whom to produce , describes the best three fundamental economic questions?

What  does fundamental economic  means?

In business economics, fundamentals represent the key characteristics and financial data needed to determine the stability and soundness of an asset. This data may include macroeconomic or large factors as well as microeconomic or small factors for valuing securities or companies.

Analysts and investors examine these fundamentals to create an opinion on whether the underlying asset is considered a valuable investment and whether it is a fair valuation in the market. For companies, information such as profitability, sales, assets, liabilities, and growth potential is considered fundamentals. Fundamental analysis allows you to calculate a company's financial ratio to determine the feasibility of an investment.

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