Respuesta :
In the circular flow model, firms are buyers in the input market and sellers in the product market.
The circular flow model shows the flow of money in society. Money is sent back and forth between producers and employees in the form of wages and payments for goods.
An economy is essentially an unending circle of money flow.
The cyclic flow of income model is another name for the model.
It divides the economy's key actors into two groups: families and companies.
It distinguishes between the markets for goods and services and the markets for the inputs to production on which these participants trade.
The household sector that engages in consumption expenditure (C) and the business sector that generates the items are where the circular flow model begins.
Hence, In the circular flow model, firms are buyers in the input market and sellers in the product market.
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