Answered: Which of the following functions are…

Which of the following functions are not performed by households? 1. Suppliers of Labour 2. Production of Market Goods and services 3. Suppliers of Non-Market Services 4. Entrepreneurs

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter1: Welcome To Economics!

Section: Chapter Questions

Problem 16RQ: Are households primarily buyers or sellers in the goods and services market? In the labor market?

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Which of the following functions are not performed by households?
1. Suppliers of Labour
2. Production of Market Goods and services
3. Suppliers of Non-Market Services

4. Entrepreneurs

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