Stunna14 Stunna14
  • 12-09-2019
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What role does factor market and product market play in economy

Respuesta :

laurencurnutte laurencurnutte
  • 12-09-2019

Answer:

Factor markets help the economy grow by giving entrepreneurs necessary gear for ideas to work. Product markets provides consumers with goods and services and in return producers gain money.

Explanation:

Increase in demand for labour (factor market) leads to increased demand for products.

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