The three fundamental questions that any economy must address are:
A) How much will be saved; what will be produced; and how can these goods and services be fairly distributed?
B) What goods and services to produce; how will these goods and services be produced; and who receives them?
C) What will be the prices of goods and services; how will these goods and services be produced; and who will receive them?
D) Who gets jobs; what wages do workers earn; and who owns what property?
Question 2
Name the four types of market structure in order from most competitive to least competitive.
What will be an ideal response?