Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Suppose Olivia earns $ 1 0 0 5 per week working as a programmer for Amazon.com, Inc. She uses $ 2 5 to have lunch

Suppose Olivia earns $1005 per week working as a programmer for Amazon.com, Inc. She uses $25 to have lunch at Olympic Diner. Olympic Diner pays John $575 per week to work as a special cook. John uses $425 to purchase software from Amazon.
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.
Question 5 options:
The lunch Olivia receives
Olivia's labor
The $575 per week John earns working for Olympic Diner.

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

Strategic Management

Authors: John A. Pearce II , Richard B. Robinson

12th Edition

007128950X, 978-0071289504

More Books

Students also viewed these General Management questions