Marisol Valentine

Business

20 March, 14:43

Which best describes what occurs in the product market?

A) The exchange of labor for capital

B) The exchange of goods and services for factors of production

C) The exchange of goods and services for money

D) The exchange of money for factors of production

+1

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “Which best describes what occurs in the product market? A) The exchange of labor for capital B) The exchange of goods and services for ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

Compare the roles of the United Nations, the World Bank, the European Union, the World Trade Organization, and non-governmental organizations.

An audit team cannot satisfy themselves as to the accuracy of ending inventory and a material misstatement may exist. The CPA firm may still give an unmodified (unqualified) opinion on the client's income statement. A. True. B. False.

What is the Internal Revenue Service?

Everett Company has outstanding 30,000 shares of $50 par value, 6% preferred stock and 70,000 shares of $1 par value common stock.

What is a bank balance?

New Questions in Business

Strawberry Fields purchased a tractor at a cost of $39,000 and sold it two years later for $25,300. Strawberry Fields recorded depreciation using the straight-line method, a five-year service life, and an $7,000 residual value. Required: 1.

2. Buckeye Industries has a bond issue with a face value of $1000. The value of Buckeye's asset is $1200. In one year they will be worth either $800 or $1400. The going rate on T-bill is 4 percent.

What are we willing and able to buy

The account cash overage is which type of account? an asset account a liability account a miscellaneous revenue account a miscellaneous expense account

Included in Vernon Corp.'s liability account balances at December 31, 2017, were the following: 7% note payable issued October 1, 2017, maturing September 30, 2018 $375,000 8% note payable issued April 1, 2017, payable in six equal annual