Multiple Choice
Firms in any industry can be said to operate in two major markets:
A) The labor market and the output market
B) As a buyer in the supplier market, and as a seller in the customer market.
C) The labor market and the input markets
D) The product market divided at least in two segments (such as mid.size car and SUV market segments)
Correct Answer:
Verified
Correct Answer:
Verified
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