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History, 15.11.2019 21:31 kodak0531

Atown builds a new road north of the town to replace one that was in bad shape. the new road is wider, has smooth pavement, and flowering bushes have been planted along the roadside. compared to the road south of town, the new road gets very little use. this is because many of the residents work in a factory several miles south of town. the north road is used mostly on weekends by wealthy families driving to their mountain cabins. many residents are angry about this. which of the following economic questions was not adequately considered before building the road?

i. what should be produced?
ii. how should it be produced?
iii. who will use what is produced?
a.

ii only
b.

i and ii only
c.

ii and iii only
d.

i and iii only

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Answers: 1

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