Which of the following statements about producers is false? O a) Households produce many goods and services for themselves Ob) People set up some producers who do not aim to make profits. Oc) All the goods and services consumed in any country are produced by its own producers. d) Governments arrange the production of some goods and services.
Which of the following statements about producers is false? O a) Households produce many goods and services for themselves Ob) People set up some producers who do not aim to make profits. Oc) All the goods and services consumed in any country are produced by its own producers. d) Governments arrange the production of some goods and services.
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Transcribed Image Text:Which of the following statements about producers is false?
O a) Households produce many goods and services for themselves
Ob) People set up some producers who do not aim to make profits.
O c) All the goods and services consumed in any country are produced by its own
producers.
O d) Governments arrange the production of some goods and services.
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