1. Identify whether each of the following takes place in factor market (F)or the product market (P). 2 marks each
2. Carla buys a brand new handbag from the retail store, Dooney and Bourke.
3. Honda sells a factory to Toyota so that its operations can be expanded.
4. Stacy works 40 hours a week as a Bartender at Curtain Bluff hotel.
5. The School Meals Factory purchases utensils from Shoul's Toys and Gifts.
6. Karl spends $200 to purchase flash drives from Best Buy.
7. Fredericka earns $625 an hour as a journalist.
8. Taj spends $8 to order a mojito drink.