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Rosy Flour Is a Firm Which Produces Flour from Wheat

Question 68

Multiple Choice

Rosy Flour is a firm which produces flour from wheat. The output of Rosy Flour is:


A) not an input to other firms.
B) a specific input for other firms.
C) a generic input for other firms because many firms use some flour.
D) a generic input for other firms because all firms use some flour.

Correct Answer:

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