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Suppose Frances earns $ 6 2 5 per week working as a gemcutter for Josiah s Jewelry. She uses $ 9 to have a pint
Suppose Frances earns $ per week working as a gemcutter for Josiahs Jewelry. She uses $ to have a pint at Breannas Brewing Company. Breannas Brewing Company pays Dmitri $ per week to serve as head brewer. Dmitri uses $ to purchase precious stones from Josiahs Jewelry.
Identify whether each of the following events in this scenario occurs in the market for factors of production or the market for goods and services.
Event
Market for Factors of Production
Market for Goods and Services
Frances spends $ to have a pint.
Dmitri spends $ to purchase precious stones from Josiahs Jewelry.
Frances earns $ per week working for Josiahs Jewelry.
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