Which of the following statements describes the actions of producers in the circular flow model?

Which of the following statements describes the actions of producers in the circular flow model?

Which of the following statements describes the actions ofproducers in the circular flow model?A. spend earnings from resource sales on goods andservices in the product market.B. hire resources sold by households in the factormarket. C. sell goods and services in the inputmarket. D. and households spend earnings from resourcesales on goods and services in the factor market.


Comments are closed.