Based on this model, households earn income when (firms /households) purchase (resources/goods an…

Based on this model, households earn income when (firms
/households) purchase (resources/goods and services) in resource
markets.
Suppose Becky earns $650 per week working as an analyst for
A-plus Accountants. She uses $10 to order a mojito cocktail at
Little Havana. Little Havana pays Alex $250 per week to wait
tables. Alex uses $250 to purchase tax services from A-Plus
Accountants.
Identify whether each of the following events in this
scenario occurs in the resource market or the product
market.
1.Alex earns $250 per week working for Little Havana. (Resource
Market / Product Market)
2. Becky spends $10 to order a mojito cocktail. (Resource Market
/ Product Market)
3. Becky earns $650 per week working for A-Plus Accountants.
(Resource Market / Product Market)
Which of the elements of this scenario represent a flow from a
household to a firm? This could be a flow of dollars, inputs, or
outputs. Check all that apply.
( ) The mojito Becky receives
( ) The $250 Alex spends to purchase tax services from A-Plus
Accountants
( ) The $250 per week Alex earns working for Little Havana
( ) Becky’s labor