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The circular-flow diagram illustrates that, in markets for the factors of production:
 
a. households are sellers, and firms are buyers.
 
b. households are buyers, and firms are sellers.
 
c. households and firms are both buyers.
 
d. households and firms are both sellers.
 

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Akhila Kumaran
Akhila KumaranLv4
2 Nov 2020
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