Question

multiple choice question when economists refer to the \what to produce\ question as one facing all societies, they mean that government is going to make all of the production decisions. a society cannot produce everything its people want, so it must decide what to produce. we can ignore the cost of production when the government decides this question. need help? review these concept resources. read about the concept

Explanation:

Resources are scarce in any society. Due to limited resources like land, labor, and capital, a society cannot satisfy all the wants of its people. So, it has to make a choice about what goods and services to produce.

Answer:

B. a society cannot produce everything its people want, so it must decide WHAT to produce.