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    Microeconomics Study Set 2
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    Exam 2: Trade-Offs, Comparative Advantage, and the Market System
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    Figure 2-12 -Refer to Figure 2-12.One Segment of the Circular Flow Diagram
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Figure 2-12 -Refer to Figure 2-12.One Segment of the Circular Flow Diagram

Question 47

Question 47

Multiple Choice

Figure 2-12
Figure 2-12    -Refer to Figure 2-12.One segment of the circular flow diagram in the figure shows the flow of goods and services from market C to economic agents A.What is market C and who are economic agents A? A) C = factor markets; A = households B) C = product markets; A = households C) C = factor markets; A = firms D) C= product markets; A = firms
-Refer to Figure 2-12.One segment of the circular flow diagram in the figure shows the flow of goods and services from market C to economic agents A.What is market C and who are economic agents A?


A) C = factor markets; A = households
B) C = product markets; A = households
C) C = factor markets; A = firms
D) C= product markets; A = firms

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