staticb/ui/evo/index.html?deploymentid= Translate CENGAGE | MINDTAP Homework (Ch 05) Based on this model, firms earn revenue when purchase in markets for goods and services. Suppose Beth earns $600 per week working as a corporate attorney for Rowan and Martin Associates. She uses $9 to have breakfast at Dinah's Diner. Dinah's Diner pays Andrew $450 per week to work as a short-order cook. Andrew uses $325 to purchase legal service from Rowan and Martin Associates. Identify whether each of the following events in this scenario occurs in the market for factors of production or the market for goods and services. Market for Factors of Market for Goods and Event Production Services Beth earns $600 per week working for Rowan and Martin Associates. O O Andrew earns $450 per week working for Dinah's Diner. O O Andrew spends $325 to purchase legal service from Rowan and Martin O O Associates. 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. The breakfast Beth receives The $325 Andrew spends to purchase legal service from Rowan and Martin Associates The $450 per week Andrew earns working for Dinah's Diner True or False: For the economy as a whole, expenditures must equal income. True False DD DD