Which Actor in the Simplified Circular Flow Model Is on the Supply

question 1

Multiple Choice

Which actor in the simplified circular flow model is on the supply side of the goods market?

• A) Firms
• B) Households
• C) Markets for factors of production
• D) Government

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Definitions:

Pressure Ulcer

A localized damage to the skin and underlying tissue, often over bony areas, caused by pressure or friction.

Stage III Pressure Ulcer

A severe pressure sore characterized by full thickness tissue loss that may expose subcutaneous fat, but not bone, tendon, or muscle.

Subcutaneous

Pertaining to or situated under the skin.

Eschar

A slough or piece of dead tissue cast off from the surface of the skin, especially after a burn injury, typically forming a crust over a healing wound.