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  1. Which of the following markets is least accurately described as a factor market? The market for:

    1. land.

    2. assembly line workers.

    3. capital market securities.

      Solution to 1:

      C is correct.

  2. Which of the following markets is most accurately defined as a goods market? The market for:

    1. companies.

    2. unskilled labor.

    3. legal and lobbying services.

Solution to 2:

C is correct.

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