according to the diagram showing the circular flow of goods and resources, where do businesses sell the…

according to the diagram showing the circular flow of goods and resources, where do businesses sell the goods and services they produce? a in the factor market b in the product market c in the capital market d in individual households e in businesses firms

according to the diagram showing the circular flow of goods and resources, where do businesses sell the goods and services they produce? a in the factor market b in the product market c in the capital market d in individual households e in businesses firms

Answer

Brief Explanations:

In the circular - flow model, businesses sell goods and services in the product market. The factor market is where businesses buy productive resources like land, capital, labor, and entrepreneurs. Capital market is related to financial assets. Households are consumers and businesses don't sell to other businesses in the context of final goods and services for end - use.

Answer:

B. in the product market