Which of the following is the best example of "what goods and services should be produced?"
A. the use of a capital intensive versus a labor intensive process of manufacturing textiles
B. the production of SUVs versus the production of sub-compact cars
C. the manufacturing of computer workstations in China or in India
D. the leasing versus the purchasing of new capital equipment
Answer:B
Which of the following is the best example of "what goods and services should be produced?"
A. the use of a capital intensive versus a labor intensive process of manufacturing textiles B. the production of SUVs versus the production of sub-compact cars C. the manufacturing of computer workstations in China or in India D. the leasing versus the purchasing of new capital equipment