4. Household production consists of A) any commodities which are produced at hom

Question

4. Household production consists of

A) any commodities which are produced at home and then sold.

B) any commodities which are produced at home and yield utility to the family.

C) any time spent at home by any family member.

D) any commodities purchased for use in the home.

11. The deportation of illegal aliens may create jobs on a one-to-one basis for native workers if

A) the minimum wage is above the equilibrium wage.

B) the minimum wage is below the equilibrium wage.

C) the labor supply curve is very steep.

D) the labor supply curve is very flat.

Explanation / Answer

4.

any commodities which are produced at home and yield utility to the family

because this production is not sold in the market, this can be like homegrown fruits for its own

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