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Author Question: In the product market A) businesses trade goods and services for resources. B) consumers trade ... (Read 79 times)

RRMR

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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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Answer to Question 1

B

Answer to Question 2

A




RRMR

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  • Posts: 557
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


blakcmamba

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

 

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