Multiple Choice
In an output market
A) consumers purchase products.
B) firms purchase resources.
C) households earn income.
D) land, labor, and capital may be exchanged.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q264: An increase in the wage rate of
Q265: The consuming units in an economy are
Q266: Inferior goods are also known as substitute
Q267: An increase in demand for laptop computers
Q268: Refer to the information provided in Figure
Q270: An increase in the price of a
Q271: Refer to the information provided in Figure
Q272: Refer to the information provided in Figure
Q273: Most firms exist to make a profit.
Q274: Refer to the information provided in Figure