Question

Resource markets play a role in the circular flow of goods by:

A. purchasing goods at product markets.
B. providing materials to businesses.
C. creating the goods sold at product markets.
D. consuming products created in households.
SUBMIT

Answer 1

Resource markets play a role in the circular flow of goods by providing materials to businesses.

Step-by-step explanation:

Resource markets play a role in the circular flow of goods by providing materials to businesses. In the circular flow model, households supply resources such as labor, land, and capital to businesses in the resource market. This allows businesses to produce goods and services, which are then sold to households in the product market.