Need and demand:
A) are unrelated concepts
B) amount to the same thing
C) are closely related to price
D) are closely related to supply
Correct Answer:
Verified
Q51: Adam Smith's "invisible hand" is"
A) government
B) divine
Q52: The behavior of an individual firm is
Q53: .In microeconomics, the household is defined as
A)
Q54: Income received by firms from sources other
Q55: Income received by households that is not
Q57: Which of the following is NOT a
Q58: The Department of Health and Human Services
Q59: The marginal productivity of labor:
A) concerns wage
Q60: Without stabilized prices:
A) product market demand is
Q61: The condition of an increase in prices
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