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Help with this economics assignment plz no links TINSTAAFL- EXAMPLE BUY ONE edge GET ONE edge FREE 7 WHAT TO PRODUCE? & Key E_ number

Help with this economics assignment plz no links

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TINSTAAFL- EXAMPLE BUY ONE edge GET ONE edge FREE 7 WHAT TO PRODUCE? & Key E_ number 1 What is your nation going to produce? This question directly looks at society's N_ + W_ For instance, think of differences between what may be offered in state to state (Example- Indiana vs California): climate, attractions, crops, tourism, restaurants & food at them EX: should society direct it's R to the P_ of M_ E or to the other items such as food, clothing, or H _? Lets choose this last blank (visualize scenario) - Keep in mind, a nation has L. resources toward building L M or U ? It has to make choices on WHAT to produce! 8 HOW TO PRODUCE? Question stares essential economic term E directly in the mirror! It focuses on the process & methods! What is Efficiency mean on Page 44? Definition: Using your resources W to maximize P. If resources are W_ fewer G & S can be produced plus fewer N. & W S_ can be EX- should factory owners use A_ require more M production methods that & fewer W F_ machines & M_ OR should they use workers???? If a community has many U. people, the latter half widely A above would be ideal, however. in countries where machinery is P , automation can often L C_ and maybe more ideal C_ E make manufactured items less and more available to M people 9

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