Goods are produced by firms and sold to the consumers in the market.The question seems a little less clear and incomplete.Please comment with additional information.
determine which goods will be produced Select one: a. The market O b. The businesses O...
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determine which goods will be produced Select one: O a. The market O b. The businesses c. The firms d. Consumers
?Which of the following is a labor resource :Select one .a o silicon (sand) used to make computer chips .bo a computer programmer .co. software used by a firm . do a computer LRIVLAAIVL ECON - 141 In a market system, the distribution of goods and services among consumers is largely determined by Select one .a. whoever needs the goods and services the most .b. the willingness and ability of consumers to pay the prices .c. a random factor that...
Which one of the following is not a non-price determinant of supply? Select one: O a. Available production technology b. Consumers' income c. Resource prices d. The number of producers O o e. The price of related goods and services Another term for a negative relationship is Select one: O a. a fixed relationship O b. an inverse relationship c. a constant relationship d, a direct relationship e a marginal relationship.
Which of the following is excluded from calculations of GDP? . Select one: O a. Goods that bring little value to society. O b. Income received by managers of corporations. O c. Used items such as cars, and purchases on E-Bay. O d. Items that are exported for sale overseas. Question 29 Not yet answered Points out of 1.00 P Flag question Which of the following is government spending on goods and services? Select one: O a. Medicare benefits. O...
In the simple circular flow, businesses trade goods and services for resources in the product market. consumers trade goods and services for monetary payments in the factor market. producers trade goods and services for monetary payments in the product market. consumers trade resources for goods and services in the factor market.
Which of the following is TRUE in the calculation of GDP? Select one: @ д. GDP is positively adjusted to include production in the underground economy. o b. GDP is negatively adjusted to account for environmental damage caused by businesses o c. GDP does not include goods and services produced privately inside the home. O d. GDP includes a positive adjustment for leisure activities, even if no purchase is required
A merger is unlikely to be approved if O A. the good produced in the market has been deemed a necessity. O B. there are fewer than 6 firms in a market. O C. it prevents or substantially lessens competition. O D. the merged firms economic profit increases. O E. the industry is government regulated. Suppose that industry A consists of four firms who collectively control 96 percent of total sales in the market. We can conclude that industry Ais...
Which of the following securities has the largest systematic (market) risk? Select one: O a. Security A with a Beta equal to 1.2 o b. Security B with a Beta equal to 1.1 o c. Security C with a Beta equal to 0.9 o d. Security D with a Beta equal to 0.8 o e. More information is needed to answer this question. Which of the following securities has the largest standard deviation for its returns? Select one: O a...
Refer to the provided figure. If box A represents households, B the product market, and C businesses, then flow (2) and flow (4) would represent Select one: a. business sponding revenues b. the flow of goods and services. c. the flow of labor and other resources, d. money incomes and consumer spending,
Diversity of international markets and currency instability have the greatest effect on Select one: a. promotion o b. pricing O c. branding d. R&D What is the gray market? Select one: a. selling counterfeit merchandise b. a legal black market run by governments c. selling goods through unofficial distributors d. sales targeted to elderly consumers O O