In Economics, an Organization That Produces a Good or Service

question 43

Multiple Choice

In economics, an organization that produces a good or service is called a

• A)firm.
• B)company.
• C)business.
• D)All of the above are correct.

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Definitions:

Panic Disorder

A psychiatric disorder characterized by unexpected and repeated episodes of intense fear accompanied by physical symptoms.

Agoraphobia

A fear or anxiety disorder characterized by the fear of situations where escape might be difficult or help would not be available if panic sets in.

Phobia

An irrational and excessive fear of an object or situation that poses little to no actual danger.

Brain Circuitry

The complex network of interconnected neurons in the brain, responsible for processing and transmitting information.