In the goods market:
A) households supply factors of production to businesses and are paid by businesses for doing so.
B) households supply goods to businesses and are paid by businesses for doing so.
C) businesses produce goods and services and sells them to households and government.
D) government produces goods and services and supplies them to households and businesses.
Correct Answer:
Verified
Q39: During the Industrial Revolution:
A) feudal lords lost
Q40: In a socialist economic system:
A) markets are
Q41: Governments do all of the following except:
A)
Q42: Businesses do all of the following except:
A)
Q43: If a firm's total revenue is $10,000
Q45: The market where businesses sell goods and
Q46: Entrepreneurship is defined as the ability to:
A)
Q47: Households are on the:
A) supply side of
Q48: In the factor market:
A) households supply factors
Q49: A company such as Microsoft or Pepsi
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