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Q: Does asdas sell castor oil for inducing labor?
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What Workers are able to sell their labor to producers because labor is?

A commodity


Workers are able to sell their labor to producers because labor is what?

commodity


What Workers are able to sell their labor to producers because labor?

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What were the four steps of the jeffersonian program for inducing native peoples to sell their lands in preparation for civilization?

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Households usually only sell labor to the government or to any other firm. Households are not able to produce anything else that would be of use the the government. If a person was a government worker, that would be selling their labor to the government.


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What are the roles of households and firms in a market?

Consider an economy consisting of households and firms which interact in two markets i.e. the goods and services market in which firms sell and households buy; and the labor market in which households sell labor to business firms or other employees. Required: Illustrate the above economy on a diagram