Identify whether each of the following transactions will take place in the factor market or in the product market and whether households or firms are supplying the good or service or demanding the good or service.
a. Tariq buys a Tesla Model 3.
b. Tesla increases employment at its Fremont plant.
c. Tariq works 20 hours per week at McDonald’s.
d. Tariq sells the land he owns to McDonald’s so that the company can build a new restaurant.