________ choose the quantities of goods and services to produce, while ________ choose the quantities of goods and services to buy

A) Households; firms
B) Firms; households and the government
C) The government; firms
D) Firms; only households
E) Households; the government

B

Economics

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June makes holiday wreaths and sells them during the holiday season. The figure above shows her supply curve of wreaths per week. Use the midpoint method in this problem

a. Calculate the percentage change in quantity between points A and B. b. Calculate the percentage change in price between points A and B. c. Calculate the price elasticity of supply between points A and B.

Economics

The effectiveness of the Family Support Act of 1988 was enhanced by generous funding

Indicate whether the statement is true or false

Economics