In the Circular Flow Model,rent,wages,interest,and Profit Paid Flow from ________

question 130

Multiple Choice

In the circular flow model,rent,wages,interest,and profit paid flow from ________ through ________ to ________.

• A) households; goods markets; firms as payment for goods
• B) firms; factor markets; households
• C) firms; goods markets; households
• D) households; factor markets; firms
• E) firms; goods market; firms

---

Definitions:

Advertising

The action of calling public attention to products, services, events, or concepts, usually through paid announcements by an identified sponsor.

Market Efficiency

A concept where prices in a market fully reflect all available information, leading to an optimal distribution of resources.

Demand Schedule

A demand schedule is a table that shows the quantity of a good or service that consumers are willing and able to purchase at various prices.

Marginal Cost

The cost of producing one additional unit of a good or service.