Based on this model, households earn income whenfirms purchasegoods and services in factor markets.
suppose kyoko earns $675 per week working as a corporate attorney for rowan and martin associates. she uses $10 to order a mojito cocktail at little havana. little havana pays jacques $275 per week to wait tables. jacques uses $150 to purchase legal service from rowan and martin associates.
identify whether each of the following events in this scenario occurs in the factor market or the product market.
Answers: 2
Another question on Business
Business, 22.06.2019 01:00
Azster inc. recorded sales revenue for the year that ended december 31, 2014 as $67,000. interest revenue of $5,300 and expenses of $14,000 were also recorded for the same period. what is aster’s net profit or loss?
Answers: 3
Business, 22.06.2019 07:00
Amarket that consists of all possible consumers regardless of their specific needs or wants is a
Answers: 1
Business, 22.06.2019 15:40
The cost of direct labor used in production is recorded as a? a. credit to work-in-process inventory account. b. credit to wages payable. c. credit to manufacturing overhead account. d. credit to wages expense.
Answers: 2
Business, 22.06.2019 19:30
Fly-by products, inc. operates primarily in the united states and has several segments. for the following segment, determine whether it is a cost center, profit center, or investment center: international operations- acts as an independent segment responsible for all facets of the business outside of the united states. select one: a. cost center b. profit center c. investment center
Answers: 2
You know the right answer?
Based on this model, households earn income whenfirms purchasegoods and services in factor markets.<...
Questions
Business, 08.10.2021 20:40
Mathematics, 08.10.2021 20:40
Mathematics, 08.10.2021 20:40
English, 08.10.2021 20:40
Chemistry, 08.10.2021 20:40
Mathematics, 08.10.2021 20:40
Arts, 08.10.2021 20:40
Mathematics, 08.10.2021 20:40
History, 08.10.2021 20:40
Mathematics, 08.10.2021 20:40
History, 08.10.2021 20:40
Social Studies, 08.10.2021 20:40
