1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kipiarov [429]
3 years ago
6

How do individuals contribute to the circular flow of economic activity?A) Businesses buy goods and services from individuals.B)

Businesses purchase productive resources in product markets.C) Individuals provide labor for factor markets and buy goods in product markets.D) Individuals buy productive resources from factor markets and provide labor for product markets.
Business
1 answer:
ZanzabumX [31]3 years ago
6 0

Answer:

C

Explanation:

Individuals provide labor for factor markets and buy goods in product markets.

Market Activity is performed as two cycles moving in opposite directions. In one direction, there is a flow of goods and services from individuals to businesses and back again. This concept is simplified in that as laborers, we go to work to make things or provide services that people want.

You might be interested in
The price elasticity of demand measures the: A. responsiveness of quantity demanded to a change in quantity supplied. B. respons
pickupchik [31]

Answer:

Option "B" is the correct answer to the following statement.

Explanation:

The price elasticity of demand determines the flexibility of the volume needed to adjust the price.

The demand of an individual or market becomes inelastic if it will not adjust much to increasing prices, and it is elastic for an individual or market if the demand of a particular commodity will shift a lot as prices shift.

6 0
3 years ago
Market researchers for a local bakery determined that Jewish people consume 63% of the portion of bagels sold in New York City.
Anon25 [30]

Answer:

Subcultural

Explanation:

Consumer behaviour refers to how individuals make decisions on ways to spend their available resources, time, money, and effort on variety of items.

A society is composed of several sub-cultures in which iindividuals can identify themselves. A Subculture is a group of people within a culture who are different from the dominant culture but have something in common with one another such as common interests, religions, ethnic backgrounds.

Culture is considered an external factor that influences consumer behavior. Since different cultures have different values, they will have different buying habits. A typical example is the Jewish people that purchase about 63% of bagels that is sold in New York City.

7 0
3 years ago
When Fisher-Price comes up with an idea for a new toy, it needs to ensure that the children who play with the toy will not choke
Dmitriy789 [7]

Answer:

The correct answer is Product Development Stage.

Explanation:

If any of the changes are required to be incorporated in a design, the best point of attempting these changes is in the product design phase such that the considerations are included from the initial stage and the design effort is not wasted.

6 0
3 years ago
The owner of a major league baseball team can fire employees for not winning a pennant, have the city build him a new ballpark,
lawyer [7]
<span>Weber would consider this an exercise in power in the social stratification model. The owner has the ability to have others do what he wants them to do. He is able to set goals that can be achieved even with others opposing them.</span>
4 0
3 years ago
12. Describe an alternative investment that you might invest in someday, and explain why this investment is appealing to you
Ivenika [448]
I would invest in building my own house. This is appealing to me because I want  to raise a family in a nice house that I have built. 
4 0
3 years ago
Read 2 more answers
Other questions:
  • Pronghorn Mining Company purchased land on February 1, 2020, at a cost of $856,800. It estimated that a total of 53,100 tons of
    14·1 answer
  • Aaron Nance is a freshman in college who has not yet decided on his major. He is thinking about majoring in operations managemen
    8·1 answer
  • Mark is a famous syndicated radio personality for talkradio. he has a distinctive voice and manner of speaking. moretalk hires g
    6·1 answer
  • On January 1, 2018, Savor Corporation leased equipment to Spree Company. The lease term is 9 years. The first payment of $698,00
    14·1 answer
  • Cheryl purchased 5 identical hollow pine doors and 6 identical solid oak doors for the house she is building. The regular price
    10·2 answers
  • What order do the planets go in from least to greatest
    10·2 answers
  • The central bank buys $1,000 of government securities only from commercial banks. The maximum change in excess reserves, banking
    10·1 answer
  • Mudvayne, Inc., is trying to determine its cost of debt. The firm has a debt issue outstanding with 11 years to maturity that is
    5·1 answer
  • Some countries have high minimum wages and require a lengthy and costly process to get permission to open a business Select one:
    12·1 answer
  • Kaelea, Inc., has no debt outstanding and a total market value of $81,000. Earnings before interest and taxes, EBIT, are project
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!