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Author Question: In the product market A) businesses trade goods and services for resources. B) consumers trade ... (Read 199 times)

RRMR

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on: Jun 30, 2018
In the product market
 
  A) businesses trade goods and services for resources.
  B) consumers trade monetary payments for goods and services.
  C) consumers trade goods and services for resources.
  D) consumers trade resources for goods and services.

Question 2

In the simple circular flow
 
  A) producers trade goods and services for monetary payments in the product market.
  B) consumers trade resources for goods and services in the factor market.
  C) businesses trade goods and services for resources in the product market.
  D) consumers trade goods and services for monetary payments in the factor market.


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Zebsrer

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

A


RRMR

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  • Posts: 557
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

Jsherida

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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