Question

in product markets money flows fro.:​

Answer 1

Answer:

When households need a good or service, their money flows to the product market in a process called consumer spending. To provide goods and services to households, the product market purchases them from businesses, generating revenue.

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Answer 2

In product markets, money flows from consumer to business.

• Consumers give businesses money to obtain something.
• Money is transferred from the consumer to the company.
• The factor market, on the other hand, is where businesses buy the resources they require to make a product.
• The law of supply and demand determines a good's price and output in the products and services market.