Refer to the figure. If you know that flow (8) is revenues and flow (4) is economic resources (land, labour, capital, and entrepreneurial ability), then box:
A is the resource market and box B is the product market.
B is the resource market and box A is the product market.
C is the product market and box B is the resource market.
D is the product market and box B is the resource market.
1 answer
C is the product market and box B is the resource market.