Asked by
Abigail Cortez
on Nov 11, 2024
Verified
If dairy farmers use automatic milking machines instead of milking by hand,which economic question does their decision answer?
A) What to produce?
B) How to produce?
C) For whom to produce?
D) Who has a comparative advantage in milking?
E) What is the price of milk?
Economic Question
A query that seeks to understand how scarce resources are allocated, such as what to produce, how to produce it, and for whom to produce.
Milking Machines
Mechanical devices designed to extract milk from animals, significantly improving efficiency and hygiene in dairy farming.
- Determine the economic system's fundamental queries related to the choices about what to produce, the method of production, and the target audience for the products.
Verified Answer
DT
Learning Objectives
- Determine the economic system's fundamental queries related to the choices about what to produce, the method of production, and the target audience for the products.