Which of the following would most likely be sold in the product markets?
A) A new car
B) Stocks and bonds
C) Iron ore
D) Entrepreneurial ability

Question

Quizplus · Accepted Answer

Product markets are where finished goods and services are sold to consumers, and a new car would be a finished good sold in the product market. Stocks and bonds are examples of financial assets that are sold in the financial market, while iron ore is a natural resource sold in the resource market. Entrepreneurial ability is a factor of production and is not sold in any market.

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