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.