Which of the following would most likely be sold in the product market?
A)a new car
B)stocks and bonds
C)iron ore
D)entrepreneurial ability

Question

Quizplus · Accepted Answer

The product market is where finished goods and services are sold to final consumers. A new car is a finished good and would be sold in the product market. Stocks and bonds are traded in the financial market, iron ore is a raw material sold in the factor market, and entrepreneurial ability is a factor of production, not a product.

Which of the Following Would Most Likely Be Sold in the Product