Question

Failure to address the three questions of economics will have what kind of impact on an economy?

Answer 1

Failure in answering ' what to produce ' will lead to overproduction or under utilisation of resources.   Failure in answering ' for whom to produce ' question will lead to inferior quality of products which do not match the tastes and preferences of customers.  Failure in answering ' how to produce ' question will result in wastage of land, labour, capital and entrepreneurship and stop the production activities in an economy.

Answer 2

Here the extinction of a type of shrimp is commonly used as the result of the sudden unexpected changes in the part of the environment and it is suddenly meet additional problem with no risk and trouble of it.

Result acquired from this experiment set up with a no risk.