What part of the economy is represented by box c on the circular flow model? A. Product markets
B. Households
C. Businesses
D. Resource markets

The legal form of business ownership that is owned by many people is called a

Gerda, a real estate agent, is selling a moderately priced house in a subdivision. she knows from her uncle that the factory being built half a mile from the subdivision will be manufacturing dog food, using a process that creates a very strong odor that permeates the surrounding neighborhood. a buyer, who is unaware of the type of factory under construction, makes an offer on one of the houses gerda is selling, and within a short time, the deal goes through. what does this scenario best illustrate?

In microeconomics, the point at which supply and demand meet is called the blank price