Suppose Ana earns $600 per week working as a software engineer for Casement. She uses $9 to have a drink at Barry's Bar. Barry's Bar pays Yakov $425 per week to work as a bartender. Yakov uses $350 to purchase software from Casement. Identify whether each of the following events in this scenario occurs in the factor market or the product market. Event Yakov earns $425 per week working for Barry's Bar. Ana earns $600 per week working for Casement. Ana spends $9 to have a drink. Factor Market Product Market о о о о 00 Which of the elements of this scenario represent a flow from a firm to a household? This could be a flow of dollars, inputs, or outputs. Check all that apply. Ana's labor The $425 per week Yakov earns working for Barry's Bar The $350 Yakov spends to purchase software from Casement The cocktail Ana receives

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Suppose Ana earns $600 per week working as a software engineer for Casement. She uses $9 to have a drink at Barry's Bar. Barry's Bar pays Yakov
$425 per week to work as a bartender. Yakov uses $350 to purchase software from Casement.
Identify whether each of the following events in this scenario occurs in the factor market or the product market.
Event
Yakov earns $425 per week working for Barry's Bar.
Ana earns $600 per week working for Casement.
Ana spends $9 to have a drink.
Factor Market Product Market
о
о
о
о
00
Which of the elements of this scenario represent a flow from a firm to a household? This could be a flow of dollars, inputs, or outputs. Check all that
apply.
Ana's labor
The $425 per week Yakov earns working for Barry's Bar
The $350 Yakov spends to purchase software from Casement
The cocktail Ana receives
Transcribed Image Text:Suppose Ana earns $600 per week working as a software engineer for Casement. She uses $9 to have a drink at Barry's Bar. Barry's Bar pays Yakov $425 per week to work as a bartender. Yakov uses $350 to purchase software from Casement. Identify whether each of the following events in this scenario occurs in the factor market or the product market. Event Yakov earns $425 per week working for Barry's Bar. Ana earns $600 per week working for Casement. Ana spends $9 to have a drink. Factor Market Product Market о о о о 00 Which of the elements of this scenario represent a flow from a firm to a household? This could be a flow of dollars, inputs, or outputs. Check all that apply. Ana's labor The $425 per week Yakov earns working for Barry's Bar The $350 Yakov spends to purchase software from Casement The cocktail Ana receives
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