A mechanism by which buyers and sellers of labor and financial capital negotiate an exchange is a

Question

Quizplus · Accepted Answer

The factor market is where buyers and sellers of labor and financial capital negotiate an exchange. It is the market where factors of production (such as labor, capital, and land) are bought and sold. The stock market and bond market are financial markets where stocks and bonds are traded, and a brokerage is a firm that helps facilitate the buying and selling of financial securities. None of these options provide a mechanism for the exchange of labor and financial capital specifically. Therefore, the correct answer is C, factor market.

A Mechanism by Which Buyers and Sellers of Labor and Financial