asked 7.0k views
3 votes
Payments for labor services flow from​ ______ to​ ______ through the​ ______ markets

asked
User Glenis
by
8.2k points

1 Answer

3 votes
Payments for labor services flow from firms to household through the factor markets. Defining terms: Firms are business entities like corporations or partnerships, household are people inside the house and factor markets:is a market where services the factor of prodution. This flow is called the money flow.
answered
User Eldho NewAge
by
7.6k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.