Household production is more likely to occur when
A)it requires many specialized resources
B)technology makes it easier than market production
C)tax avoidance is undesirable
D)less control over the final product is desirable
E)the opportunity cost of household production is high

Question

Quizplus · Accepted Answer

Household production is more likely when technology makes it easier than market production, as it reduces the effort and resources needed to produce goods or services at home.

Household Production Is More Likely to Occur When