Suppose Ana earns $800 per week working as a doctor for the Medical Clinic. She uses $10 to buy a box of aspirin at Pillmart Pharmacy. Pillmart Pharmacy pays Yakov $275 per week to work the cash register. Yakov uses $350 to purchase medical services from the Medical Clinic.

Identify whether each of the following events in this scenario occurs in the factor market or the product market.

Event Factor Market Product Market

Yakov spends $350 to purchase medical services from the Medical Clinic.

Yakov earns $275 per week working for Pillmart Pharmacy.

Ana earns $800 per week working for the Medical Clinic.

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.

Ana's labor

The $350 Yakov spends to purchase medical services from the Medical Clinic

The $275 per week Yakov earns working for Pillmart Pharmacy

The aspirin Ana receives