Which of the following is/are the characteristic(s) of a household? [I]: It represents all the people who live together
Posted: Wed Jul 06, 2022 6:32 pm
Which of the following is/are the characteristic(s) of ahousehold?
: It represents all the people who live together and who makejoint economic decisions.
[II]: In a mixed economy, most of the factors of production areowned by households.
[III]: Households largely determine what goods and services areproduced.
A. and [II] only
B. and [III] only
C. [II] and [III] only
D. , [II] and [III]
: It represents all the people who live together and who makejoint economic decisions.
[II]: In a mixed economy, most of the factors of production areowned by households.
[III]: Households largely determine what goods and services areproduced.
A. and [II] only
B. and [III] only
C. [II] and [III] only
D. , [II] and [III]