If a vineyard wants to raise funds to purchase a new bottling machine,it does so in the
A)factor market.
B)output market.
C)product market.
D)alcoholic beverages market.

Question

Quizplus · Accepted Answer

The factor market is where businesses buy what they need to produce goods and services, including machinery, labor, and raw materials. In this case, the vineyard is looking to purchase a new bottling machine, which is a factor of production, making the factor market the correct choice.

If a Vineyard Wants to Raise Funds to Purchase a New