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Business, 18.02.2020 01:01 Jasten

Suppose Simone earns $825 per week working as an analyst for A-Plus Accountants. She uses $9 to order a mojito cocktail at Little Havana. Little Havana pays Rajiv $475 per week to wait tables. Rajiv uses $250 to purchase tax services from A-Plus Accountants. Identify whether each of the following events in this scenario occurs in the factor market or the product market. Event Factor Market Product Market Rajiv spends $250 to purchase tax services from A-Plus Accountants. Simone spends $9 to order a mojito cocktail. Rajiv earns $475 per week working for Little Havana. Which of the elements of this scenario represent a flow from a household to a firm? This could be a flow of dollars, inputs, or outputs. Check all that apply. The mojito Simone receives The $475 per week Rajiv earns working for Little Havana Simone's labor The $250 Rajiv spends to purchase tax services from A-Plus Accountants

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