Question

What is the product market?

the market in which payments are received for selling products to consumers
b. the market in which income is received for supplying land, labdr, or capital
c. the market in which firms purchase the factors of production from households
d. the market in which households purchase the goods and services that firms produce

Answer 1

the market in which payments are received for selling products to consumers

Step-by-step explanation:

Answer 2

Definitely the first one, which I assume is “a” the one that says “the market in which payments are received for selling products to customers”