Households do all of the following except:
A) receive income that is redistributed by the government.
B) demand labor services from businesses in the factor market.
C) demand goods and services from businesses in the goods market.
D) supply labor services to the government in the factor market.
Correct Answer:
Verified
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
Q50: A firm's profits equal $100 if
A) its
Q51: Which two systems require the least amount
Q53: Business decisions about what and how much
Q54: Businesses fail because:
A) they follow the principle
Q55: Profit is:
A) the same as cost.
B) the
Q56: Relative to corporations, sole proprietorships are:
A) more
Q57: Government is on the:
A) supply side of
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