A manager asks an employee, "Should we distribute tickets to the concert on a first-come-first-served basis or through a lottery?"

The manager's question is best classified as which one of the following fundamental economic questions?

a. How to produce?

b. For whom to produce?

c. What to produce?

Question

Business

Susan Lawson

12 February, 20:36

A manager asks an employee, "Should we distribute tickets to the concert on a first-come-first-served basis or through a lottery?"

The manager's question is best classified as which one of the following fundamental economic questions?

a. How to produce?

b. For whom to produce?

c. What to produce?

+2

Answers (1)

Know the Answer?

Kassidy Chambers · Answer 1

The correct answer is letter "B": For whom to produce?

Explanation:

"For whom to produce?" is one of the three economics questions after "What to produce?" and "How to produce?" that societies must solve to resolve the problem of scarcity efficiently. "For whom to produce?" refers to determining who will get how much of the production of the goods and services.

A manager asks an employee, "Should we distribute tickets to the concert on a first-come-first-served basis or through a lottery?"The manager's question is best classified as which one of the following fundamental economic questions?a. How to produce?b. For whom to produce?c. What to produce?