According to the Circular-Flow Diagram,if Denny Is the Owner of a Landscaping

question 88

Multiple Choice

According to the circular-flow diagram,if Denny is the owner of a landscaping business and he just received $50 for mowing Mrs.Pendleton's lawn,

• A)the $50 represents a cost of production for Denny's firm.
• B)the $50 represents wages,rent,and profit to Denny's firm.
• C)Denny acts as a firm who interacted in the markets for factors of production with Mrs.Pendleton.
• D)Denny acts as a firm who interacted in the markets for goods and services with Mrs.Pendleton.

---

Definitions:

Order Status Communication

The process of providing customers with updates about the progress and current status of their orders.

Tracking Number

A unique identifier assigned to a shipment, allowing the sender and recipient to monitor its progress and location.

UPS Website

The official web platform for United Parcel Service, where customers can track shipments, calculate shipping costs, and access logistics services.

Ease Of Doing Business

A measure of the regulatory environment in a country that affects the operational ease for businesses.