Suppose Latasha earns $650 per week working as an analyst for A-Plus Accountants

Question

Suppose Latasha earns $650 per week working as an analyst for A-Plus Accountants. She uses $10 to buy a box of aspirin at Pillmart Pharmacy. Pillmart Pharmacy pays Jake $350 per week to work the cash register. Jake uses $175 to purchase tax services from A-Plus Accountants. Identify whether each of the following events in this scenario occurs in the markets for inputs or the markets for outputs. Event Jake spends $175 to purchase tax services from A-Plus Accountants. Latasha spends $10 to buy a box of aspirin. Latasha earns $650 per week working for A-Plus Accountants. Market for Inputs Markets for Outputs Which of the elements of this scenario represent a flow from a household to a business? This could be a flow of dollars, inputs, or outputs. Check all that apply. The aspirin Latasha receives O The $350 per week Jake earns working for Pillmart Pharmacy O The $175 Jake spends to purchase tax services from A-Plus Accountants

Explanation / Answer

a)

b) The correct option is c), because Jake makes a payment of $175 for the service received.

c) firms , labor

Related Questions

Navigate

• Browse (All)
• Browse S
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.