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In the circular flow of goods and services which of these do households not receive?
Wiki User
∙ 13y ago
resources
Wiki User
∙ 13y ago
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In the circular flow of goods and services what does the resource market represent?
all the exchanges of goods and services in an economy
What is customized pricing?
Perhaps you mean CONSUMER price index, which is a tool to measure changes in the price level of consumer goods and services purchased by households in a given country.
What is the definition of Sales Realization?
The definition of sales realization is the conversion of goods, services, and assets into cash. These things are sold to receive cash or other goods.
Is a supplier of goods and services a customer?
A supplier of goods and services is commonly referred to as a vendor. Unless they are buying your goods or services they are not a customer.
What is commission sales?
When you are paid on a commission basis, you receive a certain percent of the price of the goods/services you sold, rather receiving a wage or salary.
In the circular flow diagram households?
Make consumption expenditures and receive goods and services.
What is supplied by households in the circular flow of goods and services.?
Labor
What diagram shows the movement of goods and services and money from firms to households and from households to firms?
Circular flow
In the circular flow of goods and services what does the resource market represent?
all the exchanges of goods and services in an economy
Households pay firms for goods and services. Firms supply households with goods and services. The purchase and supply of goods and services takes place in the .?
product market
Households pay firms for goods and services. Firms supply households with goods and services. The purchase and supply of goods and services takes place in the?
product market
Households pay firms for goods and services Firms supply households with goods and services the purchase and supply of goods and services takes place in the?
It's Product Market.
What is Circular flow of income between households and firms?
from the household, the income flow which is the purchase of goods and services will become firms. then the income flow from the firms which is the wages, interest and rents will go back to the households.
What do the inner arrows of the circular flow model represent?
flow of money payments(Kaylop)Factor services ( From household to firms) &Goods & Services (From firms to households).[in a 2 sector economy)
What do the inner arrows of the circular flow model represent.?
flow of money payments(Kaylop)Factor services ( From household to firms) &Goods & Services (From firms to households).[in a 2 sector economy)
What do the inner arrows of the circular flow model represents?
flow of money payments(Kaylop)Factor services ( From household to firms) &Goods & Services (From firms to households).[in a 2 sector economy)
What role do people play in the economy?
The primary participants in the circular flow of goods and services are businesses and households. Households are made up of individuals who both spend money and are the recipients of money. Businesses do the same--
