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    Exam 2: Scarcity, Trade-Offs, and Production Possibilities
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    FIGURE 2-1 -Refer to Figure 2-1. What Does the Arrow from the the Arrow
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FIGURE 2-1 -Refer to Figure 2-1. What Does the Arrow from the the Arrow

Question 17

Question 17

Multiple Choice

FIGURE 2-1
FIGURE 2-1    -Refer to Figure 2-1. What does the arrow from the firms to the product markets represent? A)  money income B)  goods and services sold C)  revenue D)  wages, rent interest, and profits
-Refer to Figure 2-1. What does the arrow from the firms to the product markets represent?


A) money income
B) goods and services sold
C) revenue
D) wages, rent interest, and profits

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