What is a labor market? Group of answer choices It is a market where workers' time and effort are traded for wages It is a market where financial instruments are traded. It is a market where stocks and bonds are traded. It is a market where producers buy consumption and capital goods.In a market economy, the high salaries of star baseball players are determined by Group of answer choices advertising companies, based on what they are willing to pay to advertise their products at baseball games. consumers, based on their willingness to watch baseball games. team owners, based on the total number of star athletes they plan to hire. the demand for star athletes and the supply of star athletes