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POSSIBLE POINTS: 8 The three economic questions are to produce, how to produce and for The way a society answers these three questions determines thein

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POSSIBLE POINTS: 8 The three economic questions are to produce, how to produce and for The way a society answers these three questions determines thein In al economy, the questions are answered based on the past, and the way things have always been done. In a command economy the i decides the answers to the questions. In a economy, individuals answer the three questions with the goals of being so they can earn the highe * profit possible. A; economy is a combination of all the types of economies. : Market :: where to produce #: whom to produce economic system : traditional #: mixed :: efficient : opportunity cost What to produce people *: government 1 2 3 4 5 6 7 8 N

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