Which of the following is NOT a major difference between business firms and households as productive units?
a. The business firm is a more productive unit than the household.
b. The household unit performs more functions than the business firm.
c. The business firm is more self-sufficient than the household.
d. The household uses some of its resources for non-productive ends.
e. The business firm is almost exclusively a unit of production.
ANSWER:
c
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