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In the ______________, households receive goods and services and pay firms for them.

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Alice Sejake
Alice SejakeLv10
18 Oct 2020
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Related questions

In the ____________, households receive goods and services and pay firms for them. What would complete this sentence?Ā 
In the circular flow diagram, which of the following is true in the product market?
Ā 
A. Households sell goods and services to business firms
B. Households sell resources to business firms
C. Business firms sell resources to households
D. Business firms sell goods and services to households
E. Households buy resources from business firms

In the circular flow diagram, in the markets for

a. The factors of production, households are sellers and firms are buyers.

b. The factors of production, households and firms are both buyers

c. Goods and services, households and firms are both sellers.

d. Goods and services, households are sellers and firms are buyers.

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