Which of the following would be primarily determined in the resource markets?
A) The airfares charged by airlines for family vacations
B) The wage rates for computer programmers and engineers
C) The number of home-internet connections installed
D) The amount of money in circulation issued by the government

Question

Quizplus · Accepted Answer

Wage rates for computer programmers and engineers are determined in the resource markets, where businesses and firms hire and pay workers for their skills and labor.

Answer: C 
 The number of home-internet connections installed may be affected by the availability and price of resources such as fiber-optic cable, routers, and other network components, which are determined in the resource markets.

Therefore, the correct answer is B and C.

Which of the Following Would Be Primarily Determined in the Resource