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18 January, 09:51

A Walmart in Lawrenceville, Georgia, would be considered which type of market?

A. Product Market

B. Factor Market

C. Both

D. Neither

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Answers (1)
  1. 18 January, 09:59
    0
    The correct answer is C. Both

    Explanation:

    Walmart is one of the most important companies in the US. They have stores in 50 states of the United States of America and they also have one store in Puerto Rico. The Walmart who is located in Lawrenceville, Georgia is considered a Factor and Product Markets, due to the fact that services, goods, and resources are sold there.
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