In factor markets,firms __________ and households ____________.
A) demand resources;supply resources
B) supply resources;demand resources
C) demand resources;demand goods
D) supply resources;demand goods
E) supply resources;supply goods
Correct Answer:
Verified
Q5: Which of the following is an assumption
Q6: If the demand for automobiles increases,which of
Q7: A market in which resources are traded
Q8: In a perfectly competitive labor market
A)all firms
Q9: In a perfectly competitive labor market,
A)some workers
Q11: In factor markets,
A)individual consumers are the demanders
B)equilibrium
Q12: Which of the following would prevent a
Q13: A firm's labor demand curve is derived
Q14: The most appropriate type of labor market
Q15: A firm that sells its output and
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