Question

What determines the amount of income a household will earn in the resource market? Why do some households earn higher incomes than others

Answer 1

Answer:

Ir ranges anywhere from the state to the job.

Explanation:

The reason being is the cost of living in Massachusetts might be completely different than the one in Wyoming so the income of a family of four in Massachusetts will be more than the one in Wyoming. The job is obviously a major factor since it contributes to the actually labor cost of someone to work rather than having a person intern.