Business firms supply goods and services to ________ and purchase factors of production in ________.
A) factor markets;product markets
B) national markets;factor markets
C) product markets;factor markets
D) factor markets;national markets
Correct Answer:
Verified
Q15: The most desired goods or services that
Q16: Who participates in markets?
A)Business firms.
B)Business firms and
Q17: Ceteris paribus,if the price of a digital
Q18: According to the law of demand,during a
Q19: A buyer is said to have a
Q21: Peanut butter and jelly are complements.A decrease
Q22: To calculate market demand,we
A)Add the quantities demanded
Q23: Ceteris paribus,which of the following is most
Q24: Which determinant of demand changes in the
Q25: Ceteris paribus means
A)Holding everything constant except for
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