In the Circular-Flow Diagram, a Firm Is

question 72

Multiple Choice

In the circular-flow diagram, a firm is:

• A)an organization that produces goods or services for sale.
• B)an individual or a group of people who share their income.
• C)an organization that sells factors of production.
• D)an organization that purchases goods and services.

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Definitions:

Coping Strategies

Methods or techniques employed by individuals to handle stress, challenges, or adversity in effective ways.

Social Support Networks

Systems of personal connections and relationships that provide emotional, informational, and practical assistance.

Symptoms Exacerbation

A worsening or increase in the severity of disease signs or symptoms.

Predictive

Related to the ability to provide a reasonable expectation of what may happen in the future based on current or past data and trends.