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Elden [556K]
3 years ago
11

35 POINTS: Refer to the diagram and explain the difference between a factor market and a product market.

History
2 answers:
Vladimir79 [104]3 years ago
3 0

Answer: The Factor Market is where the businesses go to get the factors of production or productive resources (C.E.L.L). The Product Market is where consumers go to get goods and services produced by the businesses.

Explanation:

tatuchka [14]3 years ago
3 0

Answer:

The Factor Market is where the businesses go to get the factors of production or productive resources (C.E.L.L). The Product Market is where consumers go to get goods and services produced by the businesses.

Explanation:

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