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Homework answers / question archive / Whereas governments can be seen as extremely large, multipurpose firms, at the other extreme, _____ sometimes behave like very small firms
Whereas governments can be seen as extremely large, multipurpose firms, at the other extreme, _____ sometimes behave like very small firms.
a. households.
b. manufacturing plants.
c. counties.
d. conglomerates.
Whereas governments can be seen as extremely large, multipurpose firms, at the other extreme, _____ sometimes behave like very small firms.
a. households. ??
b. manufacturing plants.
c. counties.
d. conglomerates.
A household operates under a budget just like a firm does and attempts to optimize their utility/profit.
