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Provide an example of a resource

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Reference no: EM131395764

Provide an example of a resource, describe who owns and utilizes it, and where the resource can be traded.

Suggest how the price of that resource might be set in the marketplace

Refer to the Circular Flow Diagram and other supplemental resources for information on resources and how they flow through the economy.

Examples of websites for circular of flow.

https://econperspectives.blogspot.com/2008/04/circular-flow-diagram.html

https://study.com/academy/lesson/circular-flow-of-economic-activity-the-flow-of-goods-services-resources.html

Reference no: EM131395764

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