--%>
Assignment Help - homework help

Centers for production in circular flow model

I have a problem in economics on Centers for production in circular flow model. Please help me in the following question. The centers for production in a circular flow model are termed as: (1) Households. (2) Public enterprises. (3) Business firms. (4) Facilities.

What is the most precise answer?

   Related Questions in Microeconomics

  • Q : Program of Craft Unions The union based

    The union based just on workers with a specific skill, and which usually consists of apprenticeship programs which lead to ‘journeyman’ and then ‘master craftsman’ ratings is a/an: (1) Craft union. (2) Open union. (3) Company union. (4) Exclusi

    		•
  • Q : Formation of a cartel This would be

    This would be easiest to form a cartel between: (w) retail grocers. (x) aluminum producers. (y) dairy farmers. (z) domestic marijuana producers. Can anybody suggest me the proper explanation for given problem regar

    		•
  • Q : Consideration of positive statement

    Choose the right answer . A positive statement is concerned with: A) some goal that is desirable to society. B) what should be. C) what is. D) the formulation of economic policy.

    		•
  • Q : When is price elasticity of demand

    The price elasticity of demand is considered as to be inelastic when the computed value is: (w) less than one although greater than zero. (x) greater than zero. (y) one. (z) zero. Hello guys I want your advice. Ple

    		•
  • Q : Determine prise when demand decrease

    In this market for textbooks, demand has transferred from D0 to D1 and supply varied from S0 to S1. Such market for textbooks has experienced as: (w) a raise in demand and supply. (x) a redu

    		•
  • Q : Upwardly sloping supplies of resources

    When supplies of some resources are upwardly sloping to an industry, in that case increasing the industry’s output results within: (w) higher output due to increased profits from falling input prices. (x) reductions of output because of increase

    		•
  • Q : Lowers mortgage payments on interest

    When interest rates fall and this lowers mortgage payments therefore homebuyers can afford to buy more costly houses, the predictable increase within housing prices is most directly a symptom of: (i) capitalization. (ii) a speculative

    		•
  • Q : Socially optimal output in perfectly

    Assume that no externalities in production or consumption exist and the income distribution is universally viewed such as “fair.” When this firm could price discriminate perfectly, one condition for socially optimal output would be for: (i

    		•
  • Q : Economists conceive of any resource

    Economists can’t conceive of any resource or product for which the: (i) Price elasticity of demand is zero (0) and the demand curve is vertical. (ii) Price elasticity of supply is zero (0) and supply curve is vertical. (iii) Income elasticity of

    		•
  • Q : Firm under monopoly A firm under

    A firm under monopoly a price maker by the reasons shown below:A) The monopolist is a single seller of the product in market. Therefore it has full control over supply.B) There are no close replacements of the monopoly product,

    		•