Which statement best describes the economic relationship between
households and product markets?
A. Households buy goods from product markets.
B. Households provide goods to product markets.
O c. Product markets supply households with natural resources.
O D. Product markets purchase resources from households.

Respuesta :

Answer:

confirming that it's b. households provide goods to product markets

Explanation:

The economic relationship between households and product markets is best described by the statement that households provide goods to product markets.

How do households and product markets interact economically?

Households purchase goods and services from businesses via the product market. Meanwhile, businesses necessitate resources to create goods and services.

Through the resource market, members of households provide labor to businesses. Businesses then replace those resources into goods and services.

Therefore, option b is correct.

Learn more about the product markets, refer to:

https://brainly.com/question/3964664

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