The market in which an individual sells the use of his or her labor is a
A) foreign exchange market.
B) factor market.
C) mixed market.
D) product market.

Name: The market in which an individual sells the use of his or her labor is a A) foreign exchange market. B) factor market. C) mixed market. D) product market.
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Question

Quizplus · Accepted Answer

The factor market is where individuals sell their factors of production, such as labor, to businesses who use them to produce goods and services.

The Market in Which an Individual Sells the Use of His