Which of the following is a similarity between a stock market and a labor market?
A)Both adopt a barter system to facilitate the exchange of products
B)Both are composed of people who are unwilling to spend large sums of money for products or services.
C)Both are composed of people with specific wants that can be satisfied by particular product categories
D)Both deal in selling high-end, expensive products

Question

Which of the following is a similarity between a stock market and a labor market?
A)Both adopt a barter system to facilitate the exchange of products​
B)Both are composed of people who are unwilling to spend large sums of money for products or services.​
C)Both are composed of people with specific wants that can be satisfied by particular product categories
D)​Both deal in selling high-end, expensive products

Quizplus · Accepted Answer

Both markets are composed of individuals with specific wants and needs that are satisfied by certain products or services. In the stock market, investors have a specific investment objective and seek certain types of stocks that align with that objective. Similarly, in the labor market, employers have specific job requirements and seek employees with skills, knowledge, and experience that align with those requirements. Both markets involve matching the needs of one group of individuals with the offerings of another group of individuals.

Which of the Following Is a Similarity Between a Stock