Solved

Indicate Whether Each of the Following Statements About Markets Is

Question 61

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 investors and creditors.
_______ b) Conversion agents are the businesses that transform resources into products that satisfy consumer desires.
_______ c) Physical resources include the labor of the production workers.
_______ d) Resource owners purchase their resources from conversion agents.
_______ e) Consumers are the main providers of resources in any market.

Correct Answer:

verifed

Verified

a) True b) True c) False d) False e) Fal...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions