![]() In economics the term factors of production refers to all the resources required to produce goods and services. And a wholesale market is where firms sell huge quantities of goods to distributors or other intermediaries.Factors of Production: Land, Labor, Capital What It Means One other classification of a market is on the basis of quantities of goods. Q: A market in which trading of goods happens in huge quantities is a _ marketĪns: The correct answer is D. There is no oversight or regulation, the market forces decide everything Unregulated Market: This is an absolutely free market.For example, the stock market is a highly regulated market. Such markets may refer to a product or even a group of products. This is to ensure there are no unfair trade practices in the market. ![]()
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