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Describe how households and businesses are interdependent in the resource market

User Komposr
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2 Answers

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13 votes

Answer:households are holding income and businesses are holding resources.

Step-by-step explanation:

User RealSollyM
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28 votes
28 votes

Answer:

So, in the market for resources, households sell resources and businesses buy resources. The resources flow one way (counter-clockwise) and money flows the other (clockwise). At this point in the cycle, households sell resources to businesses. So, households are holding income and businesses are holding resources.

Step-by-step explanation:

took the test so pls it this dose'nt help then mabey be more specific thanks

User Pvc
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