Jasmeen works as a rental agent for Eurocar, earning $ 800 a week. She has set up an automatic $40 withdrawal each week to pay for her gym membership at Club16. Club16 pays Mike $70 to teach a weekly kickbox-cardio class. Next week, Mike plans to spend $200 on a rental car from Eurocar to visit his Uncle in Chilliwack.

a)Which of the event in this case scenario occur in the factor market?

b)Which of the events in this case scenario occur in the product market?