A market in which products households sell and firms buy resources or the services of resources is__________________?
Correct answer: A. Resource market
- A. Resource market
- B. Product market
- C. Consumer market
- D. Producer marketTake Economics Courses
Explanation
A resource market is where households supply factors such as labour, land, and capital, while firms purchase their services. A product market is the opposite type of market, where firms sell finished goods to households.
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