27. Riverside Grocery uses 3,000 per week to purchase inventory from regional suppliers. This spending represents the store's costs in which part of the economy? (1 Point) Foreign Exchange Market Product Market Resource Market Capital Market

Question

27. Riverside Grocery uses 3,000 per week to purchase inventory from regional suppliers. This spending represents the store's costs in which part of the economy? (1 Point) Foreign Exchange Market Product Market Resource Market Capital Market

Answer 1

The spending by Riverside Grocery to purchase inventory from regional suppliers represents the store's costs in the **Product Market**. The product market is where goods and services are bought and sold, and in this case, Riverside Grocery is purchasing goods (inventory) from suppliers.

Problemas

27. Riverside Grocery uses 3,000 per week to purchase inventory from regional suppliers. This spending represents the store's costs in which part of the economy? (1 Point) Foreign Exchange Market Product Market Resource Market Capital Market

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