Suppose Eileen earns $500 per week working as a corporate attorney for Rowan and Martin Associates. She uses $8 to buy a box of aspirin at Pillmart Pharmacy. Pillmart Pharmacy pays Clancy $425 per week to work the cash register. Clancy uses $150 to purchase legal service from Rowan and Martin Associates.
Identify whether each of the following events in this scenario occurs in the factor markey or the product market.
1. Clancy earns $8 per week working for Pillmart Pharmacy.
2. Eileen earns $500 per week for working for Rowan and martin Associates
3. Clancy sends $150 to purchase legal service from Rowan and Martin Associates.
Answers: 1
Another question on Business
Business, 22.06.2019 10:30
What are the positive environmental trends seen today? many industries are taking measures to reduce the use( _gold,carbon dioxide,ozone_) of -depleting substances and are turning to(_scarce,renewable,non-recyclable_) energy sources though they may seem expensive. choose one of those 3 option to fill the
Answers: 3
Business, 22.06.2019 14:10
When a shortage or a surplus arises in the loanable funds market a. the supply of loanable funds changes to return the economy to its original real interest rate b. the nominal interest rate is pulled to the new equilibrium level c. the demand for loanable funds changes to return the economy to its original real interest rate d. the real interest rate is pulled to the new equilibrium level
Answers: 3
You know the right answer?
Suppose Eileen earns $500 per week working as a corporate attorney for Rowan and Martin Associates....
Questions
Mathematics, 29.10.2019 04:31
Social Studies, 29.10.2019 04:31
Mathematics, 29.10.2019 04:31
Mathematics, 29.10.2019 04:31
Mathematics, 29.10.2019 04:31
History, 29.10.2019 04:31
Biology, 29.10.2019 04:31
Mathematics, 29.10.2019 04:31
Mathematics, 29.10.2019 04:31
History, 29.10.2019 04:31
Chemistry, 29.10.2019 04:31
Social Studies, 29.10.2019 04:31
Mathematics, 29.10.2019 04:31
