7.0k views
3 votes
Payments for labor services flow from​ ______ to​ ______ through the​ ______ markets

User Glenis
by
8.2k points

1 Answer

3 votes
Payments for labor services flow from firms to household through the factor markets. Defining terms: Firms are business entities like corporations or partnerships, household are people inside the house and factor markets:is a market where services the factor of prodution. This flow is called the money flow.
User Eldho NewAge
by
7.6k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.