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22-05-2018
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Based on this model, households earn income when purchase in factor markets.

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LearnGrow LearnGrow

31-05-2018

The circular-flow diagram illustrates that, in markets for the factors of production,Households are sellers, firms are buyers.Based on this model, households earn income when firm purchase resources.

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lifesaver9000 lifesaver9000

16-07-2022

Answer:

firms

labor & capital

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