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iragen [17]
4 years ago
7

In the circular flow of income A. households buy goods and services and firms supply goods. Resources are supplied by other firm

s. B. households demand goods and services which are supplied by​ firms, and the firms demand resources that are supplied by intermediate firms. C. households buy goods and services while firms sell goods and services. Firms obtain labor from​ households, capital from​ government, and raw materials from firms. D. households demand goods and services that are supplied by​ firms, while supplying resources that are demanded by firms.
Business
1 answer:
Alla [95]4 years ago
8 0

Answer:

D. households demand goods and services that are supplied by​ firms, while supplying resources that are demanded by firms.

Explanation:

The circular flow of income shows how money moves in an economy. Firms pay households for resources needed in production. The money flows back to firms when households demands goods and services from firms.

I hope my answer helps you

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Six-packs of soda, cartons of eggs, and three-packs of paper towels are all examples of products sold using a block pricing strategy.

A product is an object, system, or service provided to consumers on demand. That's all we can offer to the market to meet your wants and needs.

Item is for sale. Products are services or items. It can be in physical or virtual or cyber form. All products are made at one price and sold at one price. Calculated prices vary by market, quality, marketing, and target segment.

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Vaughn’s standard quantities for 1 unit of product include 5 pounds of materials and 1.0 labor hours. The standard rates are $4
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Answer:

$31.00

Explanation:

Calculation to determine what The total standard cost of Vaughn's product is

Using this formula

Total standard cost of product=(Material Standard rate per pound × pounds of material) + (Labor standard rate per hour × labor hours) + (Standard overhead rate x labor hours)

Let plug in the formula

Total standard cost of product=[($4 × 5) + ($5 × 1.0)]+ ($6 × 1.0)

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