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This is called privatizing, or privitization, because the firm goes from public ownership to private ownership (a person, group, or corporation).
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What is markets in which firms sell their output of goods and services?
The product market is the market in which firms sell their output of goods and services.
The general willingness of firms to produce and sell a product at various prices is?
The general willingness of firms to produce and sell a product at various prices is known as supply.
What do economist call the things that firms sell wich cannot be touched or seen?
Economists call the things that firms sell which cannot be touched or seen goods and services.
Selling state-run firms to individuals?
privatize
How does differentiation help monopolistic competitive firms sell their products?
This allows firms to charge higher prices for their specific product.
Whole salers are firms that sell driectly to the consumer?
Retailers are firms that sell directly to the consumer, wholesalers are the firms that supply the retailers goods to sale to the consumers.
What is markets in which firms sell their output of goods and services?
The product market is the market in which firms sell their output of goods and services.
What sell state-run firms to individuals is to.?
This is called privatizing, or privitization, because the firm goes from public ownership to private ownership (a person, group, or corporation).
What to sell state-run firms to individuals?
This is called privatizing, or privitization, because the firm goes from public ownership to private ownership (a person, group, or corporation).
Which term means the amount that firms will produce and sell at a specific price?
Quantity supplied is the amount that firms will produce and sell at a specific price.
The general willingness of firms to produce and sell a product at various prices is?
The general willingness of firms to produce and sell a product at various prices is known as supply.
What do economist call the things that firms sell wich cannot be touched or seen?
Economists call the things that firms sell which cannot be touched or seen goods and services.
Selling state-run firms to individuals?
privatize
A primary reason firms sell on credit is?
A primary reason firms sell on credit is to maintain their clients and also to move their stocks. These is one of the strategies of releasing revenue by an organization.
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
How does differentiation help monopolistic competitive firms sell their products?
This allows firms to charge higher prices for their specific product.
Why do firms try to sell more products or to sell them at a higher price?
so they can have a bigger profit margin
