A clothing company is considering whether a new technology will speed up their ability to fulfill customer orders. Which economic question are they focusing on?

What to produce?
How to produce?
Why to produce?
For whom to produce?

Respuesta :

The economic question that this clothing company is focusing on is B. How to produce?

What are the economic production questions?

The five economic questions concerning the production of goods and services for sale in an economic system include:

  • What to produce?
  • How to produce?
  • Why produce?
  • For whom to produce?
  • How will the system promote the progress of society or accommodate change?

These economic questions need to be posed because of the scarcity of economic resources and the need to satisfy the needs of customers with goods and services that add value to society.

Thus, the economic question that this clothing company is focusing on is B. How to produce?

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