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Suppose Susan earns $650 per week working as a registered nurse for the Medical Clinic. She uses $8 to install reflective stickers on her bike
Suppose Susan earns $650 per week working as a registered nurse for the Medical Clinic. She uses $8 to install reflective stickers on her bike at Riley's Off-Road Repair. Riley's Off-Road Repair pays Raphael $400 per week to fix bicycles. Raphael uses $250 to purchase a sleep test from the Medical Clinic. 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 Raphael earns $400 per week working for Riley's Off-Road Repair. Susan earns $650 per week working for the Medical Clinic. Susan spends $8 to install reflective stickers on her bike
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