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According to the circular flow of economics which market is James participating in by going out to dinner with his wife Julie? A.Stamp B.Factor C.Product D.automobile

2 Answers

2 votes
I think the answer is letter C
User Object Object
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I believe the answer is: product

Product market refers to a type of market where the final product of goods and services is purchased for the buyer for consumption. This could be distinguish by identifying the market that does not involved the process of transforming materials into something usable.

User AMIC MING
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