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In Terms of the Two Main Forms of Economic Organization

Question 48

Multiple Choice

In terms of the two main forms of economic organization, the firm can be understood as:


A) An organization that sells products and services to its environment as its "raison d'etre"
B) An organization based around financial resources and physical resources
C) An organization comprising individuals bound by employment contracts to a central contracting authority
D) An organization with employees obeying managers

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