English

______ buy goods and services for consumption and also supply factors of production. -

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Question

______ buy goods and services for consumption and also supply factors of production.

Options

  • Households

  • Firms

  • Government 

  • All of the above

MCQ
Fill in the Blanks

Solution

Households buy goods and services for consumption and also supply factors of production.

Explanation:

Households purchase products and services for personal use, as well as provide production inputs such as land, labour, capital, and entrepreneurs. Households serve as a market for the enterprises' output.

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