Examlex

Solved

In the Circular-Flow Diagram,which of the Following Items Does Not

question 223

Multiple Choice

In the circular-flow diagram,which of the following items does not flow from households to firms?


Definitions:

Total Variable Costs

The sum of all costs that vary with output level in the production of goods or services.

Drones

Unmanned aerial vehicles (UAVs) controlled by remote or onboard computers, used for a variety of purposes, including surveillance, delivery, and filming.

Total Variable Costs

The sum of all costs that vary with the level of production, such as materials and labor costs.

Microwave Ovens

Appliances that use microwave radiation to heat and cook food quickly.

Related Questions