Which statement about the circular flow model is correct? a) businesses earn income from both the factor and product markets. b) households earn income from both the factor and product markets. c) households earn income from the product market, and businesses earn revenue from the factor market. eliminate d) households earn income from the factor market and businesses earn revenue from the product market.

I think the answer is D

Option D. The following statement about the circular flow model is correct:

Households earn income from the factor market and businesses earn revenue from the product market.

Explanation:

The circular flow model is an economic model that depicts the way money flows through the economy, mainly between households and businesses. The businesses receive income from the product market which is were consumers spend their money when they need a product or service. Households, on their hand, earn income from the factor or resource market, which is where the businesses goes to when they need to buy resources to keep their businesses floating, these resources are in the form of paying workers or renting physical spaces.

the united states constitution is the supreme law of the united states. the constitution, originally comprising seven articles, delineates the national frame of government. its first three articles embody the doctrine of the separation of powers, whereby the federal government is divided into three branches: the legislative, consisting of the bicameral congress; the executive, consisting of the president; and the judicial, consisting of the supreme court and other federal courts. articles four, five and six embody concepts of federalism, describing the rights and responsibilities of state governments, the states in relationship to the federal government, and the shared process of constitutional amendment. article seven establishes the procedure subsequently used by the thirteen states to ratify it. it is regarded as the oldest written and codified national constitution in force.

by using  production possibilities graph.  opportunity costs are key expenses in financial matters and are utilized as a part of registering money saving advantage investigation of a venture. such expenses, be that as it may, are not recorded in the record books but rather are perceived in basic leadership by processing the money costs and their subsequent benefit or misfortune.