Which statement about the circular flow model is correct? question options: a) businesses earn income from both the factor and product markets. b) households earn income from both the factor and product markets. c) households earn income from the factor market and businesses earn revenue from the product market.

The correct answer is C.

At the factor market, productive factors (land, work or capital) are offered by households who get a retribution in exchange for them (rent, salary or interest respectively). Therefore these retributions conform the income obtained by households in the factor market.

At the products market, the goods and services produced by firms are traded. Hence, the profit earned in this markets is the revenue that firms obtain from the economical activity they perform.

answer; i believe that the correct answer is ; unified

the correct answer is option c. elenita versus "early puerto rican decor" is the best example, out of all the options, of a cultural conflict. a cultural conflict is defined as what happens when different cultures, that have different values and believes, clash. elenita not liking or accepting the puerto rican style of decoration, would represent that she does not identify herself with the puerto rican culture, therefore does not want to have decorations influenced by that culture.