asked 235k views
1 vote
True or false: households sell finished products to businesses.

asked
User Oli
by
8.3k points

1 Answer

2 votes
The answer is false! Businesses make finished products and then proceed to sell them back to the households once they have a completed product. On the other hand, households are able to provide resources such as capital, cars, or land to the businesses. This is an ongoing cycle where the household provides the needed resources, the businesses utilize those resources into finished products, and then sells the finished products back to household consumers. 
answered
User Vetrivel PS
by
8.1k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.