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- Refer to the Above Figure

Question 6

Multiple Choice

  - Refer to the above figure. If flow (8)  is revenues and flow (4)  is economic resources (land, labor, capital, and entrepreneurial ability) , then box: A)  A is the resource market and box B is the product market. B)  B is the resource market and box A is the product market. C)  C is the product market and box B is the resource market. D)  D is the product market and box B is the resource market.
- Refer to the above figure. If flow (8) is revenues and flow (4) is economic resources (land, labor, capital, and entrepreneurial ability) , then box:


A) A is the resource market and box B is the product market.
B) B is the resource market and box A is the product market.
C) C is the product market and box B is the resource market.
D) D is the product market and box B is the resource market.

Correct Answer:

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