The exchange of factors of production for income occurs in the (blank) market.

Answers

Answer 1
Answer:

Answer;

Factor market.

The exchange of factors of production for income occurs in the factor market.

Explanation;

A factor market is a marketplace for the services of a factor of production.

It facilitates the purchase and sale of services of factors of production, which are labor, capital, land and entrepreneurship that are used by a firm to make finished goods.

Answer 2
Answer: The answer would be : Factor Market

In economic term , Factor market is a place where the exchange all factor of production such as Labor market, capital market,  raw material market, and management market.

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Answers

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Answers

Answer:

C

Explanation:

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D Deflation

Answers

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