Answer:
B. To aid in production decisions
Explanation:
Remember, the three questions of economics are–
what to produce?
how to produce?
for whom to produce?
These questions are asked ultimately to aid in making production decision. A producer needs to determine the specific product demanded by the market in which he or she operates, while also considering how to produce his selected product in order to achieve cost and quality efficiency. Finally, the producer should know who his product are made for so as customize them accordingly.
