When markets or governments make economic decisions about what goods and services their resources will be used to make, what basic economic question are they answering? a. how to produce? b. for whom to produce? c. how much capital should be raised? d. what to produce?

D is the correct answer.

Markets are always asking the question of what the consumer wants, so what they are really asking is "what should we make with the valuable limited resources that we have."

This is because a producer wants to charge the best price for the lowest cost and that can only be done if there is demand for the product.

abolish

do away with

unanimous

in complete agreement

secede

separate; break free

inauguration

starting a new position with a formal ceremony.

cooperationist

people who wanted the north to cooperate with the south

surrender

to give up

volunteer

perform a service for free

draft

involuntary service in military

retreat

withdraw; move away from enemy

advisor

expert who gives advice

explanation: