In a free market economy, the factor market involves which type of exchange?
A. Firms loan money to households to purchase capital.
B. Households purchase factors of production from firms.
C. The goods and services that households produce are purchased by firms.
D. Firms purchase factors of production from households.
Answers (2)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “In a free market economy, the factor market involves which type of exchange? A. Firms loan money to households to purchase capital. B. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Primo Industries collected $105,000 from customers in 2014. Of the amount collected, $25,000 was from services performed in 2013. In addition, Primo performed services worth $40,000 in 2014, which will not be collected until 2015.
Answers (1)
Windsor, Inc. received a check for $15480 on July 1, which represents a 6-month advance payment of rent on a building it rents to a client. Unearned Rent Revenue was increased for the full $15480. Financial statements will be prepared on July 31.
Answers (1)
Emerald Pools, Inc. has provided the following information for the year. Units produced 14,000 units Sales price $400 per unit Direct materials $45 per unit Direct labor $20 per unit Variable manufacturing overhead $65 per unit Fixed manufacturing
Answers (1)
Patty and tina were exposed to the mumps at school. neither patty nor tina has ever had the mumps before, but several years ago tina was given the mumps vaccine, which was made from the killed virus.
Answers (1)
What is one benefit of using electronic flash cards?
Answers (1)
New Questions in Business
In the Reaching Beyond our Borders box titled, "Ethical Culture Clash", the story proves that a large multi-national company such as Motorola can ask its employees, and should expect them to follow the same ethical standards they would practice if
Answers (1)
Kier Company issued $600,000 in bonds on January 1, Year 1. The bonds were issued at face value and carried a 5-year term to maturity. The bonds have a 6.00% stated rate of interest and interest is payable in cash on December 31 each year.
Answers (1)
Suppose that the adult population is 4 million, the number of unemployed is 0.25 million, and the labor-force participation rate is 75%. What is the unemployment rate?
Answers (1)
Clear Colors Corporation uses a predetermined overhead rate based on direct labor costs to apply manufacturing overhead to jobs.
Answers (1)
You sell a put option on S&P 500 index with the strike price of 3300. Suppose the S&P 500 index is 3000 on the option expiration date. What is your payoff?
Answers (1)