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Question
a local business provides career training for young adults entering the workforce directly from high school. which economic question has the business answered by focusing on recent high school graduates?
for whom to produce?
how much to produce?
how to produce?
what to produce?
The three fundamental economic questions are "what to produce", "how to produce", and "for whom to produce". When a business specifies its target group as recent high school graduates, it is defining the recipients of its service, which addresses the "for whom to produce" question.
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For whom to produce?