In a product market, households provide income in return for __________.
A.
work and labor
B.
profit and wages
C.
land and capital
D.
goods and services
Please select the best answer from the choices provided
Imagine it in a simpler way like this, the household is you and me and the firm is the government, so when we render service to the firm, they pay us for our work and labor and again when we spend that money in their property e.g sending your child to a government school, we are " providing income forthem in returnfortheir Good and services.
