Question

Economic choices can be summarised in five big questions. They are?

• A. What, how, who, where and would you
• B. Why not, what, how, when and where
• C. What, how, when, where and why
• D. What, how, when, where and who

Answer 1

The correct option is D What, how, when, where and who

Economics is the study of relationship between unlimited wants and scarce resources for which their is a need to solve the problems of some obstacles that are what to produce, how to produce, when to produce , where to produce and for whom to produce.