The Three Questions of What, How, and for Whom

question 82

Multiple Choice

The three questions of what, how, and for whom:

• A)relate to the three factors of production.
• B)exist because of scarcity.
• C)are more of a problem in a market economy.
• D)are more of a problem in a command economy.
• E)are no longer relevant.

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Definitions:

Sensory Modalities

The different ways sensory information can be processed by the sensory system, including sight, sound, taste, touch, and smell.

Anticipate

The act of expecting or predicting something to happen in the future.

Pitch

Pitch can refer to the degree of highness or lowness of a tone or sound, often used in the context of music, or it can also mean the act of presenting an idea or product to persuade others.

Frequency

The rate at which something occurs or is repeated over a particular period of time or in a given sample.