Multiple Choice
Which of the following is not a reason why some production continues in households?
A) Some household production requires many specialized resources
B) The opportunity cost of household production has decreased over time
C) Household production avoids taxes
D) There have been important technological advances in household production
E) Some households prefer the ability to control production
Correct Answer:
Verified
Correct Answer:
Verified
Q20: Suppose you own a proprietorship that is
Q21: The term "utility" means<br>A)satisfaction<br>B)a low-valued good<br>C)productivity<br>D)adaptability<br>E)efficiency
Q22: Which of the following is not a
Q23: Households act as demanders when they<br>A)vote for
Q24: Taxes collected on the basis of the
Q26: Which of the following is the best
Q27: Which of the following is an example
Q28: Externalities can occur as a result of
Q29: Households supply four basic types of resources.They
Q30: Which of the following accounts for the