Household Production Is More Likely to Occur When

question 33

Multiple Choice

Household production is more likely to occur when

• A)it requires many specialized resources
• B)technology makes it more costly than market production
• C)tax avoidance is undesirable
• D)more control over the final product is desirable
• E)all of the above

---

Definitions:

Specialty Outlets

Retail stores that focus on selling a specific category of products, offering expert knowledge and a wider selection within that category.

General Merchandise Stores

Retail establishments offering a wide range of consumer goods in various categories from clothing to home appliances.

Scrambled Merchandise Stores

Retail stores that stock and sell a wide variety of unrelated products, often at discounted prices.

Scrambled Merchandising

A retail strategy where a store sells products that are traditionally not associated with their business model, in order to increase traffic and sales.