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  • Economic Decisions and Systems Online Test
  • True or False - Both individuals and organizations can be...
Multiple choice

True or False - Both individuals and organizations can be producers

  1. False

  2. True

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

In economics, a producer is anyone who creates a good or provides a service. This applies to both individuals (like a freelancer) and organizations (like a manufacturing firm).

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