Which of the following has displaced some household production?
A) fast-food restaurants
B) making clothes
C) cooking meals
D) planting crops
E) tending livestock
Correct Answer:
Verified
Q2: The term utility refers to _
A) satisfaction.
B)
Q3: A good or service has utility if
Q4: If real wage decreases, the opportunity cost
Q5: Which of the following is one of
Q6: A household consists of _
A) a single-family
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
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