John carter, the ceo of carter steels, is concerned about the sudden rise in employee attrition in his organization. he asks walter, the human resources manager, to provide him with the last quarter's report showing the rate of attrition. walter, however, sends the salary details of the new hires for the last quarter. this report is of no use to carter as it is -not timely-irrelevant-miscalculated

Based on this model, households earn income whenfirms purchasegoods and services in factor markets. suppose eileen earns $575 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 clancy $250 per week to work the cash register. clancy uses $125 to purchase tax services from a-plus accountants. identify whether each of the following events in this scenario occurs in the factor market or the product market. event factor market product market eileen earns $575 per week working for a-plus accountants. eileen spends $10 to buy a box of aspirin. clancy spends $125 to purchase tax services from a-plus accountants. which of the elements of this scenario represent a flow from a firm to a household