True/False
In the circular-flow diagram, firms produce goods and services using the factors of production.
Correct Answer:

Verified
Correct Answer:
Verified
Q118: In the circular-flow diagram, in the markets
Q119: Figure 2-14<br><br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7555/.jpg" alt="Figure 2-14
Q120: Figure 2-1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7555/.jpg" alt="Figure 2-1
Q121: Economists believe that production possibilities frontiers rarely
Q122: In the circular-flow diagram, factors of production
Q124: As a substitute for laboratory experiments, economists
Q125: Who would be more likely to study
Q126: In the simple circular-flow diagram, which of
Q127: When constructing a production possibilities frontier, which
Q128: Table 2-4<br> <span class="ql-formula" data-value="\begin{array}