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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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