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Identify Whether Each of the Following Transactions Will Take Place

Question 118

Essay

Identify whether each of the following transactions will take place in the factor market or in the product market:
a.Shondra buys a Harley-Davidson Softail motorcycle.
b.Aimee works 20 hours a week at a grocery store.
c.Gustavo sells a warehouse to a produce delivery company.
d.Ocean Spray increases employment at its Middleboro,Massachusetts plant.

Correct Answer:

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a takes place in the...

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