Essay
Identify whether each of the following transactions will take place in the factor market or in the product market.
a.Graciela buys a Tesla Motors Model X.
b.Lashan works 60 hours a week at a law firm.
c.Tito sells his family's farmland to a housing developer.
d.Tesla Motors increases employment at its Fremont, California plant.
Correct Answer:
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a takes place in the...View Answer
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