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Households pay firms for goods and services. Firms supply households with goods and services. The purchase and supply of goods and services takes place in the _____.

Respuesta :

The product market is the correct fill-in to the services carried forward in the question.

What is a Product Market?

The product market is the marketplace or platform where businesses and the government buy and sell finished goods and services.

It excludes trading in raw or other intermediate and transitional materials because it focuses on the sale of finished goods.

The financial market and labor market are related but separate terms.

Therefore, the product market is where goods and services are purchased and sold.

For more information about the Product Market, refer below

https://brainly.com/question/3964664