Answer:
production
Explanation:
The three questions of economics are:
- What to produce
- How to produce
- For whom to produce
Economics helps to make rational decisions in putting production tools into the best optimum use in order to satisfy the insatiable wants. The problem of what to produce depends on what particular want a producer is interested in satisfying. The means and the tools falls in the aspect of how to produce. How to produce tackles the problem of effectively rationing the scarce resources. For whom to produce addresses the problem of the consumer and the targeted market.
