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Refer to the Figure

Question 107

Multiple Choice

Refer to the figure.If box A represents businesses and flow (7) represents goods and services, then: A) box D is the product market and box B is the factor market. B) box D is the product market and box B is households. C) box B is the product market and box C is households. D) box C is the product market and box B is the factor market. Refer to the figure.If box A represents businesses and flow (7) represents goods and services, then:


A) box D is the product market and box B is the factor market.
B) box D is the product market and box B is households.
C) box B is the product market and box C is households.
D) box C is the product market and box B is the factor market.

Correct Answer:

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