--%>
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 : Stickiness of prices in oligopolistic

    The "kinked-demand-curve" model was developed into the 1930 year in part to help describe: (i) barriers to entry in oligopoly markets. (ii) the allegedly excessive stickiness of prices into oligopolistic industries. (iii) how competitive industries be

    		•
  • Q : Describe Break Even Price Describe

    Describe Break Even Price in Economics for a purely competitive firm?

    		•
  • Q : Labor Unions-Sitdown Strikes Whenever

    Whenever unions and managers have failed to arrive at a collective bargaining agreement and workers reject to leave the production facility owned by firm, the union’s strategy is termed as: (i) Boycott or an embargo. (ii) Management lock-out. (i

    		•
  • Q : Government rent control imposing When

    When government rent controls are imposed at R0 when demand equals D0 and then demand changes to D1, there is the: (w) quality of housing is likely to enhance. (x) housing market will be plagued through shortages. (y) price ceili

    		•
  • Q : Problem on amount of goods in

    The Economics students are most probable to recall conceptually the different determinants of amounts of a good which people will purchase when they contemplated an acronym based on how: (i) Much they will spend out of their initial paycheck whenever

    		•
  • Q : Define investment demand function

    Investment demand function: Investment demand function is the relationship among rate of interest and investment demand. There is an inverse relationship among the rate of interest and investment demand. High inter

    		•
  • Q : Possibility of price discrimination

    Price discrimination is not possible when: (w) arbitrage is impossible. (x) all consumers have identical demand curves for the good. (y) firms are not price takers. (z) products are differentiated. Please choose th

    		•
  • Q : Increases in market demand of

    Raised market demand for generic bricks would result within a(n) ___________ into the price of bricks as well as a(n) ___________ within this brickyard’s profit-maximizing output. (i) increase; decrease. (ii) increase; increase.

    		•
  • Q : Rolls of Intermediaries Upon the

    Upon the average, all intermediaries do NOT: (w) decrease the opportunity costs of goods to consumers. (x) raise the incomes of producers. (y) reduce transaction costs. (z) increase the cost of living. Hey friends

    		•
  • Q : Calculating accounting profits The firm

    The firm has $70,000 in implicit costs, and the economic profit of $40,000. This firm’s: (i) Explicit cost equivalent $30,000. (ii) Accounting profits equivalent $110,000. (iii) Normal gain equivalents $40,000. (iv) Explicit costs equivalent $110,000.