According to the Circular flOw Model of the Market System

question 128

True/False

According to the circular flow model of the market system, firms get their ability to pay for their costs of
production from the revenues that they receive for their products.

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Definitions:

Circulating Tissues

Circulating tissues refer to fluid, cell-containing components of the body that move throughout the circulatory system, such as blood and lymph, facilitating transport and immunity.

Serous Membrane

A thin membrane lining the closed cavities of the body, producing a serous fluid that reduces friction between the organs.

Haversian Canals

Channels in bone that contain blood vessels and nerves, part of the bone's internal structural system.

Shivering

An involuntary response to cold, involving rapid, rhythmic muscle contractions to generate heat and increase body temperature.