Demand, Supply, and Market Equilibrium Firms and Households: The Basic Decision-Making Units Input Markets and Output Markets: T
![In the circular flow model, households: a) Sell goods and services in the input market. b) And firms spend earnings from resource sales on goods and services in the factor market. c) In the circular flow model, households: a) Sell goods and services in the input market. b) And firms spend earnings from resource sales on goods and services in the factor market. c)](https://homework.study.com/cimages/videopreview/videopreview-full/460n49itix.jpg)
In the circular flow model, households: a) Sell goods and services in the input market. b) And firms spend earnings from resource sales on goods and services in the factor market. c)
![1 of 46 Lecture 3 Demand, Supply, and Market Equilibrium Firms and Households: The Basic Decision-Making Units Input Markets and Output Markets: The Circular. - ppt download 1 of 46 Lecture 3 Demand, Supply, and Market Equilibrium Firms and Households: The Basic Decision-Making Units Input Markets and Output Markets: The Circular. - ppt download](https://images.slideplayer.com/28/9280492/slides/slide_4.jpg)
1 of 46 Lecture 3 Demand, Supply, and Market Equilibrium Firms and Households: The Basic Decision-Making Units Input Markets and Output Markets: The Circular. - ppt download
![3 Demand, Supply, and Market Equilibrium CHAPTER OUTLINE Firms and Households: The Basic Decision-Making Units Input Markets and Output Markets: - ppt download 3 Demand, Supply, and Market Equilibrium CHAPTER OUTLINE Firms and Households: The Basic Decision-Making Units Input Markets and Output Markets: - ppt download](https://slideplayer.com/slide/4899944/16/images/6/%EF%82%84+FIGURE+3.1+The+Circular+Flow+of+Economic+Activity.jpg)
3 Demand, Supply, and Market Equilibrium CHAPTER OUTLINE Firms and Households: The Basic Decision-Making Units Input Markets and Output Markets: - ppt download
![SOLVED: Identify whether each of the following transactions will take place in an input market or in an output market, and whether firms or households are demanding the good or service or SOLVED: Identify whether each of the following transactions will take place in an input market or in an output market, and whether firms or households are demanding the good or service or](https://cdn.numerade.com/ask_previews/528ab271-36b1-46ac-8007-ed7097d5e261_large.jpg)