Friday, July 15, 2011

Which of the following is not a reason why some production continues in households?

ECONOMICS

Multiple Choice

Which of the following is not a reason why some production continues in households?

a.Some household production requires many specialized resources

b.The opportunity cost of household production has decreased over time

c.Household production avoids taxes

d.There have been important technological advances in household production

e.Some households prefer the ability to control production

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