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    Exploring Microeconomics
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    Exam 2: Scarcity, Trade-Offs, and Production Possibilities
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    FIGURE 2-1 -Refer to Figure 2-1. What Does the Arrow from the the Arrow
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FIGURE 2-1 -Refer to Figure 2-1. What Does the Arrow from the the Arrow

Question 60

Question 60

Multiple Choice

FIGURE 2-1
FIGURE 2-1    -Refer to Figure 2-1. What does the arrow from the product markets to the firms represent? A)  revenue B)  goods and services sold C)  money income D)  wages, rent interest, and profits
-Refer to Figure 2-1. What does the arrow from the product markets to the firms represent?


A) revenue
B) goods and services sold
C) money income
D) wages, rent interest, and profits

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