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Dave gets a job at a grocery store, which pays him an hourly wage in

exchange for his labor. Dave is participating in *
O A. entrepreneurship
O B. human capital.
O C. the product market.
O D. the factor market.

User Keith Rush
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2 Answers

9 votes
Free points for me to get my phone back answer 43
User CigarDoug
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Answer:

D. the factor market

Step-by-step explanation:

Labor (along with land, capital, and entrepreneurship) is one of the "four factors of production."

Also, Dave isn't starting a business (so he's not an entrepreneur), nor is he in the product market (since he's not making products; just shelving, bagging, and/or scanning them at checkout). I suppose he might be participating in human capital in that he's building up "human capital" (i.e., building up his skills and experience), but I feel like "factor market" is better.

User Eduardo Sztokbant
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