What gets produced in a market economy is determined by _____
A) government.
B) households.
C) firms.
D) technology.
E) central planning.
Correct Answer:
Verified
Q7: One explanation for the change in the
Q8: Households now produce _for themselves and demand
Q9: Households act as demanders when they demand
Q10: A household consists of _
A) a house.
B)
Q11: Economists assume that people try to maximize
Q13: The change in the labor force participation
Q14: Choices households make do not include _
A)
Q15: The satisfaction received from consumption is known
Q16: Households act as suppliers when they provide
Q17: Which of the following is a result
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