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Which of the Following Transactions Does Not Take Place in the Markets

question 241

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Which of the following transactions does not take place in the markets for factors of production in the circular-flow diagram?


Definitions:

Vernalization

The process by which exposure to cold temperatures for a certain length of time induces a plant to flower.

Thigmomorphogenesis

An alteration of plant growth in response to mechanical stimuli, such as wind, rain, hail, and contact with passing animals.

Rhizomes

Underground plant stems that send out roots and shoots from its nodes, involved in vegetative reproduction and storage.

Tubers

Thickened, usually underground parts of a stem or rhizome, storing nutrients.

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