Question
In the circular flow diagram, what do firms receive from products markets?
a. goods and excuses
b. money/costs
c. revenue
d. factors of production
a. goods and excuses
b. money/costs
c. revenue
d. factors of production
Answers
GPT-4o mini
In the circular flow diagram, firms receive **c. revenue** from product markets. Firms sell goods and services to households in these markets and receive money in return, which is considered their revenue.