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Suppose Cho earns $650 per week working as a math tutor for A-Plus Tutoring. She uses $9 to take a spin class at Silver's Gym.

Suppose Cho earns $650 per week working as a math tutor for A-Plus Tutoring. She uses $9 to take a spin class at Silver's Gym. Silver's Gym pays Bob $375 per week to work as a trainer. Bob uses $325 to purchase tutoring services from A-Plus Tutoring. Identify whether each of the following events in this scenario occurs in the factor market or the product market. Event Factor Market Product Market Cho spends $9 to take a spin class. Bob earns $375 per week working for Silver's Gym. Bob spends $325 to purchase tutoring services from A-Plus Tutoring. Which of the elements of this scenario represent a flow from a firm to a household? This could be a flow of dollars, inputs, or outputs. Check all that apply. The $325 Bob spends to purchase tutoring services from A-Plus Tutoring The $375 per week Bob earns working for Silver's Gym The spin class Cho receives Cho's labor

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