Average 4 Attempts Aa Aa 5 Household production While specia

Average /4 Attempts Aa Aa 5. Household production While specialization allows firms to produce many goods and services at lower production and transaction costs than individuals can, most households still produce some goods and services for themselves. Which of the following provides a reason for this? Check all that apply. Households are inherently more efficient at producing most goods and services. The production of some goods and services doesn\'t require special skills or resources. Households can minimize transaction costs by producing some goods and services for themselves. Household production is more costly in terms of taxation. QNA 3.15 2004-2015 Aplia. All rights reserved. Save & Continue Grade It Now 2013 Cengage Learning except as noted. All rights reserved.

Solution

I think The production of some goods and services does not require special skills or resources. so they prefer to produce some goods and services for themselves.

 Average /4 Attempts Aa Aa 5. Household production While specialization allows firms to produce many goods and services at lower production and transaction cost

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