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What is the product market? a. the market in which payments are received for selling products to consumers b. the market in which income is received for supplying land, labor, or capital c. the market in which firms purchase the factors of production from households d. the market in which households purchase the goods and services that firms produce
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The product market is the market in which households purchase the goods and services that firms produce.
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Asked 1/15/2013 8:02:31 AM
Updated 10/9/2016 11:40:46 PM
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The product market is the market in which households purchase the goods and services that firms produce.
Added 10/9/2016 11:40:46 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [10/10/2016 7:11:02 AM]
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An important advantage of a free market is: it offers a wide variety of goods and services.
Added 10/20/2016 3:02:00 PM
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Confirmed by Andrew. [10/21/2016 7:23:44 AM]
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