(i) What and how much will be produced
(ii) How will it be produced
(iii) For whom will it be produced
(iv) How much will be exported and consumed?

From the above, identify the combination of basic resource allocation questions in economic analysis.

a

i, ii and iii

b

i, ii and iv

c

i, iii and iv

d

ii, iii and iv

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Explanation

Correct Option
a

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Discussions (19)

Augustinaeze
2 years ago

b is correct,
y because u will first think of what to produce dat will bring more buyers to your way , like something dat other marketers don't know about but something dat will bring buyers.
secondly, u think of how to produce it, firstly, u make research, and
think on how to produce it .
and lastly, for whom to be produced for, we all understand this one, but i will say
and lastly, like who is going to buy it , like where will i market it that buyers will rush out to get it in bulk 🤗👈👌👌😚😚😚🥰🥰🥰

fessa360
4 years ago

A

Benedict247
2 years ago

A is correct

tithia
2 years ago

yes 🥰 A is correct but please 🥺 can you help me explain more

Augustinaeze
2 years ago

i love economics

Augustinaeze
2 years ago

sorry guys the explanation goes to "a" wnd not b

Obadamilola
2 years ago

Answer is A coz when you want to start a business, you have to first analyse what you want to produce then how to produce it before deciding whom to produce for.

AFUAPE3
3 years ago

Thanks

Lordzeus10
2 years ago

A is correct

DONGENESIS
2 years ago

i love economic

Zambuk
2 months ago

a

ojoarome123
2 years ago

thanks

Adenike1114
3 years ago

A is correct 👍👍

Temi200o
3 months ago

A is the correct answer

RASHEEDI00
4 months ago

All the best for everyone

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