Question

In the markets for factors of production, ____

(A) the government provides firms with inputs for the production process.
(B) households provide firms with labor, land, and capital.
(C) firms provide households with goods and services.
(D) households provide firms with savings for investment.

Answer 1

"(B) households provide firms with labor, land, and capital.".

Step-by-step explanation:

Answer 2

Answer: In the markets for factors of production, "(B) households provide firms with labor, land, and capital.".

Explanation: Companies and households interact between 2 markets.

The market of goods and services: is one in which companies sell products and services to homes.

The market of productive factors: it is one in which households sell productive factors to companies so that they can produce goods and services.