Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Event Factor Market Product Market Sam earns $200 per week working for Spotless Car Wash. Sam spends $325 to purchase software from PC Pros. Teresa

Event Factor Market Product Market
Sam earns $200 per week working for Spotless Car Wash.
Sam spends $325 to purchase software from PC Pros.
Teresa spends $10 to get her car washed.

Which of the elements of this scenario represent a flow from a household to a firm? This could be a flow of dollars, inputs, or outputs.Check all that apply.

The car wash Teresa receives

Teresa's labor

The $325 Sam spends to purchase software from PC Pros

The $200 per week Sam earns working for Spotless Car Wash

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting

Authors: C Thomas,

12th Edition

007760086X, 9780077600860

More Books

Students also viewed these Economics questions

Question

What strategies are best for turbulent, high-velocity markets?

Answered: 1 week ago

Question

How does Scrum help mitigate risk?

Answered: 1 week ago

Question

2. To store it and

Answered: 1 week ago