Author Question: In a market economy, the factors of production are controlled primarily by: A) the state. B) ... (Read 61 times)

Pea0909berry · **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.