In the Circular-Flow Diagram,in the Markets for

question 103

Multiple Choice

In the circular-flow diagram,in the markets for

• A)goods and services,households and firms are both sellers.
• B)goods and services,households are sellers and firms are buyers.
• C)the factors of production,households are sellers and firms are buyers.
• D)the factors of production,households and firms are both buyers.

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Definitions:

Finite Capacity Scheduling

Finite Capacity Scheduling is a planning method that takes into account the limited resources (such as machinery or workforce) available to complete tasks within a given timeframe.

Instantaneous Change

A rapid or sudden shift in conditions, values, or states, often used in mathematics and physics to describe changes occurring at a specific point in time.