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Author Question: In a market economy, the factors of production are controlled primarily by: A) the state. B) ... (Read 22 times)

Pea0909berry

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on: Jul 8, 2018
In a market economy, the factors of production are controlled
 
  primarily by:
  A) the state.
  B) private economic actors.
  C) a balance of state and private actors.
  D) banks and other financial institutions.

Question 2

When a firm's production of a product requires it to purchase
 
  items from another firm to complete the production, these purchased items are called:
  A) intermediate goods.
  B) equilibrium points.
  C) good-for-good exchanges.
  D) indirect goods.


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kingfahad97

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Reply #1 on: Jul 8, 2018
Answer to Question 1

Answer: B

Answer to Question 2

Answer: A


Pea0909berry

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Reply 2 on: Jul 8, 2018
YES! Correct, THANKS for helping me on my review

meganmoser117

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Reply 3 on: Yesterday
:D TYSM

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