--%>
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 : Problem on Elasticity formula Whenever

    Whenever the price of plastic moose heads increase from $5 to $7, monthly sales fall from 2000 to 1000 units. By using the arc elasticity formula, the price elasticity of demand will be: (i) 3.0. (ii) 1/3. (iii) 2.0. (iv) 2.5.

    Q : Drop in interest rates of capital market

    Any drop in interest rates caused through people’s increased willingness to save, which will cause: (w) the rate of return schedule reflected in I0 to shift to the right. (x) the rate of return schedule reflected within I0 to shift to the left.

    		•
  • Q : Sum of Monopolistic Exploitation Sum of

    Sum of the monopolistic exploitation across all workers tends to rise however a firm as well functions at a more socially and economically proficient level of output and employment whenever the firm is capable to engage in: (1) Blacklisting in its dea

    		•
  • Q : Define Producers equilibrium Producers

    Producers equilibrium signifies the stage beneath which with the help of given factors of production producer attain the level of production of which he is acquiring maximum gain.

    		•
  • Q : Distorted competitive workings of the

    The competitive workings of the market for soy beans would be distorted when: (1) Europe experiences a severe drought and has paltry harvests this year. (2) Ethiopia imports soy beans to feed its hungry masses. (3) the U.S. imposes a soy bean embargo forbidding export

    		•
  • Q : Marginal cost by price discriminate

    When a monopolist which does not price discriminate maximizes profit and charges a price equal to marginal cost, this will: (i) minimize average cost and generate zero economic profit. (ii) minimize average cost and generate a positiv

    		•
  • Q : Relation of transaction costs with

    Transaction costs are costs mainly related with the: (w) transportation and gathering information about goods or resources. (x) direct production costs for goods. (y) inputs quite than outputs. (z) supply prices rather than demand prices.

  • Q : Industry-wide unionization Can someone

    Can someone please help me in finding out the accurate answer from the following question. Industry-wide unionization would be most probable to significantly influence the rate of U.S. inflation in short run when it occurred in world-wide: (1) Market for the middle-ma

    		•
  • Q : Most desperate market participants of

    Tax burdens on transactions are probably to be disproportionately borne through the relatively as “most desperate” market participants those, who are: (1) sellers when the market supply curve is relatively

    		•
  • Q : Income Elasticities of Demand Question:

    Question: (a)  Suppose the income elasticity of demand for pre-recorded music compact disks is +4 and the income elasticity of demand for a cabinet maker's work is +0.4.  Compare the impact on pre-recorde

    		•