Author Question: Suppose an individual buys a new CD of her favorite musical artist. This purchase has taken place in ... (Read 18 times)

lunatika · **on:** Jun 30, 2018

Suppose an individual buys a new CD of her favorite musical artist. This purchase has taken place in the

A) labor markets. B) factor markets. C) resource markets. D) product markets.

Question 2

In the factor market, households

A) sell resources. B) are both buyers and sellers of resources.
C) are neither buyers nor sellers of resources. D) buy resources.