Suppose Frances earns $550 per week working as a programmer for PC Pros. She uses $9 to order a mojito cocktail at Little Havana

Question

3 years ago

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Suppose Frances earns $550 per week working as a programmer for PC Pros. She uses $9 to order a mojito cocktail at Little Havana

. Little Havana pays Dmitri $350 per week to wait tables. Dmitri uses $175 to purchase software from PC Pros.
Identify whether each of the following events in this scenario occurs in the resource market or the product market.
A) Dmitri spends $175 to purchase software from PC Pros
B) Frances earns $550 per week working for PC Pros
C) Frances spends $9 to order a mojito cocktail

Business

1 answer:

likoan [24] · Answer 1 · 2022-02-03T21:23:06+03:00

Answer:

Suppose Frances earns $550 per week working as a programmer for PC Pros. She uses $9 to order a mojito cocktail at Little Havana. Little Havana pays Dmitri $350 per week to wait tables. Dmitri uses $175 to purchase software from PC Pros.

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

Frances earns $550 per week working for PC Pros

Explanation: