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What are the three basic questions of microeconomics?

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Question added by Samer Khatib , Economics Moderator , Bayt.com
Date Posted: 2016/12/18
Baher Ahmed Elgahry
by Baher Ahmed Elgahry , Research and Teaching Associate , University of Lille

What do we produce? (identify the goods)

To whom we produce? (Identify our consumers)

How could we produce? (identify our factors of production)

So, What - How and to whom?

a.What should i produce

b. How much i produce

c. Who will buy these goods and services

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