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Kate earns $750 per week working as an analyst for A-Plus Accountants. She uses

ID: 1182872 • Letter: K

Question

Kate earns $750 per week working as an analyst for A-Plus Accountants. She uses $10 to buy a box of aspirin at Pillmart Pharmacy. Pillmart Pharmacy pays Brian $240 per week to work the cash register. Brian uses $50 to purchase tax services from A-Plus Accountants. Which of the events in this scenario occur in markets for factors of production? Check all that apply. Kate earns $750 per week working for A-Plus Accountants. Brian earns $240 per week working for Pillmart Pharmacy. Kate spends $10 to buy a box of aspirin. Brian spends $50 to purchase tax services from A-Plus Accountants. Which of the elements of this scenario represent a flow from a household to a firm? This could be a flow of money, inputs, or outputs. Check all that apply. Kate's labor The $240 per week Brian earns working for Pillmart Pharmacy The aspirin Kate receives The $50 Brian spends to purchase tax services from A-Plus Accountants

Explanation / Answer

Solution:-

1. a & b


2. c &d

The aspirin kate receivesThe $50 Brian spends to purchase tax services