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Economics

Identify the parts of the model that correspond to the flow of goods and services and the flow of dollars for each of the following activities:

1) Martin earns $15 per hour working in a factory.

2) Matilda spends $6 for a pizza.

3) Madeline's Bakery pays $500 for the rent on its shop.

4) Maria purchases a new pair of earrings for $200.

5) Martin's BMW dealership receives $100,000.00 from the sale of a new car.

6) Martin's BMW dealership pays $10,000 in commission to Matilda for selling a new car.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M951064

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