Answered

Which statement best describes the relationship between businesses and other parts of the circular flow of goods?

A. Businesses give households access to product and resource markets.
B. Businesses provide a way to sell goods made in product markets.
C. Businesses use materials from resource markets to make products.
D. Businesses pay interest rates to product markets for their services.



Answer :

GinnyAnswer

Final answer:

Businesses play a vital role in the flow of goods and services between households and markets.


Explanation:

Businesses play a crucial role in the circular flow of goods and services. They produce and sell goods in the product market, where households purchase them. Additionally, businesses acquire resources like labor from households in the factor market to create products and services.


Learn more about Circular Flow of Goods and Services here:

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