Answered

2. CIRCULAR FLOW

Read the scenario below and then answer the questions that follow.

Malika's Flowers is a small florist business that makes flower bouquets and offers a local delivery service. The owner, Malika, employs two assistants: a driver for deliveries and a flower arranger.

Discuss how money, goods and services, and factors of production flow between Malika's Flowers, consumers who buy flowers from the business, and the government.



Answer :

GinnyAnswer

Final answer:

Money, goods, and services flow between Malika's Flowers, consumers, and the government in a circular manner.


Explanation:

Money, goods and services, and factors of production flow between Malika's Flowers, consumers, and the government in a circular manner. Malika's Flowers produces flower bouquets and offers delivery services, receiving payment from consumers. Consumers purchase the flowers, providing revenue to Malika's Flowers. The government may also interact by regulating the business through taxes or subsidies.


Learn more about Circular Flow Model here:

https://brainly.com/question/37056006


Other Questions