Skip to main content
Microeconomics
My Course
Learn
Exam Prep
AI Tutor
Study Guides
Flashcards
Explore
Try the app
My Course
Learn
Exam Prep
AI Tutor
Study Guides
Flashcards
Explore
Try the app
Back
Circular Flow Diagram
Download worksheet
Problem 1
Problem 2
Problem 3
Problem 4
Problem 5
Problem 6
Problem 7
Problem 8
Problem 9
Problem 10
Circular Flow Diagram
Download worksheet
Practice
Summary
Previous
5 of 10
Next
0. Basic Principles of Economics / Circular Flow Diagram / Problem 5
Problem 5
Why is it significant that households own the factors of production in the circular flow diagram?
A
It prevents firms from accessing necessary resources.
B
It ensures that households can dictate market prices.
C
It allows households to control the production of goods and services.
D
It enables households to receive income from selling resources.
AI tutor
0
Show Answer