Buy products and sell resources.
households
households
Households and Businesses
Households are sellers of resources and demanders of products.
labor, capital, and resources
households
households
Households and businesses
Households and Businesses
Households are sellers of resources and demanders of products.
the interactions between households and businesses in the free market
labor, capital, and resources
Labor, capitital, and raw materials.
Resource markets and product markets are the two payments int he free market circular flow model. Both of these markets are for businesses and households.
marginal utility model ....i think circular flow model....
From the product market to households.
Households are made up of individuals who both spend money and are the recipients of money. Businesses do the same.