Answer:
The answer is :
A. Resource market - income
B. Expenditure - product market.
Explanation:
A. Resource market - income
B. Expenditure - product market
The circular flow model shows how money moves through the economy in exchange for goods, services, and resources.
A.
In circular flow of income, households provide inputs to firms through the resource market(matket where households supply land, labor, capital, and entrepreneurship) in exchange for money(income or wages).
B.
Also in circular flow of income, firms receives expenditure from household and this type of market is called product market(which refers to a place where goods and services are bought and sold)
Answer:
D) $601,250 per year
Explanation:
expected sales increase (insulated bikinis) $1,200,000
lost sales (longer ski pants) ($150,000)
additional insurance costs ($50,000)
<u>salaries for new marketing director ($75,000)</u>
incremental cash flow $925,000
<u>taxes (35%) ($323,750)</u>
incremental cash flow after taxes $601,250
Answer:
probably c because if your friends know u that well then they should know