Answer:
Ten Fundamental Laws of Economics
Production precedes consumption. ...
Consumption is the final goal of production. ...
Production has costs. ...
Value is subjective. ...
Productivity determines the wage rate. ...
Expenditure is income and costs. ...
Money is not wealth. ...
Labor does not create value.
Copyright © 2024 EHUB.TIPS team's - All rights reserved.
Answers & Comments
Answer:
Ten Fundamental Laws of Economics
Production precedes consumption. ...
Consumption is the final goal of production. ...
Production has costs. ...
Value is subjective. ...
Productivity determines the wage rate. ...
Expenditure is income and costs. ...
Money is not wealth. ...
Labor does not create value.