Households sell theirin themarket. They then use their income to buyin themarket.O A. factors of production; goods; goods; factorO B. goods; factor; factors of production; goodsO C. goods; goods; factors of production; factorO D. factors of production; factor; goods; goods

household is seller of factor services in market like labor , land etc so here we can choose the…

Answered: Households sell their in the market.…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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X has 20 tokens for the Church Raffle. A pizza slice cost 2 tokens and tickets to the state fair cost 3 tokens. Her value for pizza slices is $2 times the square root of the number of pizza slices. Her value for tickets is $5 - ($3 / number of tickets). How many slices and tickets should X purchase? A. 1 slice and 3 tickets B. 1 slice and 6 tickets C. 4 slice and 1 ticket D. 4 slice and 2 tickets E. 9 slice and 1 ticket
4. A good (commodity) is called "ánanferior good"):f: a. Sales are unaffected by income. b. Sales rise as income increases. X c. Sales decline as income decreases. X O None of the above.
Need answers ASAP... The amount of income from an enterprise that obtained through the sale of finished products depends on a. kind of products b. all of these c. the quantity which can be sold d. selling price
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The figure shows the circular flows in the market economy. Indicate the real and money flows in which the following items belong. When Apple Inc. pays the designers of the iPad, the flows are a to households and a from households to firms. O A. real flow; real flow B. money flow, money flow OC. money flow, real flow O D. real flow; money flow When you buy a new e-book from Amazon, the flows are a households to firms and a from firms to households. O A. money flow, real flow O B. real flow; money flow OC. money flow, money flow OD. real flow; real flow from firms from ( Labour, land, capital, entrepreneurship FACTOR MARKETS HOUSEHOLDS Wages, rent, interest, profits FIRMS Goods and services Expenditure on goods and services GOODS MARKETS
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Households sell their in the market. They then use their income to buy in the market. O A. factors of production; goods; goods; factor B. goods; factor; factors of production; goods