Based on this model, households earn income when purchase in factor markets. Suppose Cho earms $725 per week working as work as a flight attendant for Flyaway Airlines. She uses $9 to have breakfast at Dinah's Diner. Dinah's Diner pays Bob $325 per week to work as a short-order cook. Bob uses $375 to purchase air travel to Hawaii from Flyaway Airlines. Identify whether each of the following events in this scenario occurs in the factor market or the product market. Event Factor Market Product Market Cho earns $725 per week working for Flyaway Airlines. Bob earns $325 per week working for Dinah's Diner. Cho spends $9 to have breakfast. 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. O The $325 per week Bob earns working for Dinah's Diner The $375 Bob spends to purchase air travel to Hawaii from Flyaway Airlines O The breakfast Cho receives O Cho's Iabor

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