Economists assume that individuals make informed decisions and act in their own self-interest
Indicate whether the statement is true or false
TRUE
Economics
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________ economics prescribes what an individual or society ought to do
A) Normative B) Behavioral C) Positive D) Negative
Economics
Firms that contain some divisions that produce parts and components to be used by other divisions in order to generate finished goods are said to be:
A) horizontally integrated. B) vertically integrated. C) multinationals. D) corporations.
Economics