Which of the elements of this scenario represent a flow from a firm to a household? This could be a flow of dollars, inputs, or outputs. Check all that apply. Lucia's labor The $400 Kenji spends to purchase tax services from A-Plus Accountants The $325 per week Kenji earns working for Spotless Car Wash

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hodgesr2083 hodgesr2083

06-02-2020
Business

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Which of the elements of this scenario represent a flow from a firm to a household? This could be a flow of dollars, inputs, or outputs. Check all that apply. Lucia's labor The $400 Kenji spends to purchase tax services from A-Plus Accountants The $325 per week Kenji earns working for Spotless Car Wash

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austineemodi austineemodi · Answer 1 · 2020-02-06T10:51:17+01:00

Answer:

The 325 per week kenji earns working for spotless car wash.

The 400 kenji spends to purchase tax services from A- plus accountants.

Explanation:

This are examples of the way households interact with business firm and this interaction can be inward flow or outward flow depending on the need.

House hold and business firms are the two basic types of economic agents in the market economy.

This interaction can be documented in a flow diagram to measure flow of money, goods and services.

Tundexi Tundexi · Answer 2 · 2022-01-21T11:53:39+01:00

The elements that represent a flow from a firm to a household include:

the $425 per week Andrew earns working for Spotless Car Wash

the car wash Beth receives

The Household income flow is a diagram that express the circular flow of income from a firm to the household in the economy.

Hence, the elements that represent a flow from a firm to a household include the $425 per week Andrew earns working for Spotless Car Wash and the car wash Beth receives.

Therefore, the Option A and D is correct.

Read more about Household income flow

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