Question

what do you mean by circular diagrams in economics​

Answer 1

Explanation:

In economics, the circular flow diagram represents the organization of an economy in a simple economic model. This diagram contains, households, firms, markets for factors of production, and markets for goods and services.

Answer 2

Answer:

Brainliest plz

Explanation:

In economics, the circular flow diagram represents the organization of an economy in a simple economic model. This diagram contains, households, firms, markets for factors of production, and markets for goods and services.