Business, 10.09.2019 05:30 skyhighozzie

Based on this model, households earn income when (firms /households) purchase (resources/goods and services) in resource markets.
suppose becky earns $650 per week working as an analyst for a-plus accountants. she uses $10 to order a mojito cocktail at little havana. little havana pays alex $250 per week to wait tables. alex uses $250 to purchase tax services from a-plus accountants.
identify whether each of the following events in this scenario occurs in the resource market or the product market.
1.alex earns $250 per week working for little havana. (resource market / product market)
2. becky spends $10 to order a mojito cocktail. (resource market / product market)
3. becky earns $650 per week working for a-plus accountants. (resource market / product market)
which of the elements of this scenario represent a flow from a household to a firm? this could be a flow of dollars, inputs, or outputs. check all that apply.
a. the mojito becky receives
b. the $250 alex spends to purchase tax services from a-plus accountants
c. the $250 per week alex earns working for little havana
d. becky's labor

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Based on this model, households earn income when (firms /households) purchase (resources/goods and s...

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