The element of the marketing mix that describes a good service or idea to satisfy consumers' needs is known as

Product

Explanation:

 A product is one of the type of element in the marketing mix that basically describe about the various types of ideas and also the good services and the ideas for producing the products according to the customer requirement.

 The products features are basically used for describing about all the characteristics of the product such as components, capabilities and the appearances.

The marketing mix is basically refers to the various types of actions or the tactics that is typically used by the companies for promoting their products and the services in the market.

 Therefore, Product is the correct answer.

every society, in order to meet the needs of it's people, has to answer three basic questions:

- what should we produce?

- how should we produce it?

- for whom should we produce it?

this questions must be answered in order to, option b, aid in production decisions.

every country can't produce everything, no matter how rich their land is. it may be a matter of technology, resources or geographical conditions. so, these three questions must be resolved in order to get the most of the production of each land.

hope this !