Short Answer
Indicate whether each of the following statements about markets is true or false.
_______ a)Financial resources can be provided to a business by conversion agents.
_______ b)Resource owners are the businesses that transform resources into products that satisfy consumer desires.
_______ c)Labor resources include the both the physical and intellectual labor of a business's employees.
_______ d)Conversion agents purchase their resources from resource owners.
_______ e)Consumers are the main providers of resources in any market.
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a)False b)...View Answer
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