In the resource market,
A) businesses borrow ﬁnancial capital from households.
B) businesses sell services to households.
C) households sell resources to businesses.
D) ﬁrms sell raw materials to households.

Question

Quizplus · Accepted Answer

In the resource market, households are the suppliers of resources such as labor, natural resources, and capital. Businesses then purchase these resources from households in order to produce goods and services. Therefore, option C is correct as it states that households sell resources to businesses.

In the Resource Market