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Identify whether each of the following events in this scenario occurs in the factor market or the product market. Event Factor Market Product Market Eric
Identify whether each of the following events in this scenario occurs in the factor market or the product market. Event Factor Market Product Market Eric spends $150 to purchase driving lessons from Passing Left. Ginny spends $9 to go climbing. Ginny earns $600 per week working for Passing Left. 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. Ginny's labor The climbing session Ginny receives The $150 Eric spends to purchase driving lessons from Passing Left The $425 per week Eric earns working for Wally's Climbing Wall
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