Answered

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According to the circular flow diagram, the government buys factors of production from __________.
A.
firms
B.
households
C.
business owners
D.
government agencies

Sagot :

Gauravsingh23VTidn

According to the circular flow diagram, the government buys factors of production from households.

What are the factors of production in the circular flow diagram?

Through the markets for productive resources, households give the enterprises the factors of production labor, land, and capital. When producing items and services to be sold on the marketplaces for goods and services, the enterprises will utilise these factors of production.

Thus, option B is correct.

For more details about factors of production in the circular flow diagram, click here:

https://brainly.com/question/16367651

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