Which market is an example of a market for services?
A)orange market
B)tennis lessons market
C)factor market
D)foreign exchange market
E)stock market

Question

Quizplus · Accepted Answer

The tennis lessons market is an example of a market for services, where individuals and businesses offer services to customers for a fee. The orange market is an example of a market for goods, where tangible products are bought and sold. The factor market refers to the market for factors of production such as labor and capital, and the foreign exchange and stock markets are markets for financial assets.

Which Market Is an Example of a Market for Services