Examlex
Which market is an example of a market for factors of production?
Output
The amount of goods or services produced by a business, industry, or economy.
Oligopolistic
Pertaining to an oligopoly, describing a market dominated by a small number of firms, leading to strategic behaviors among them.
Gas Stations
Facilities that sell fuel and engine lubricants for motor vehicles. Some may also offer convenience store goods and car wash services.
Small Town
A community with a small population, typically smaller than a city, and characterized by a close-knit society with a localized economy.
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