The primary difference between product markets and factor markets is thatPart $2$A$.$product markets are generally after factor markets in the distribution chain.B$.$product markets are markets for factors of productionlong dashlabor, capital, natural resources, and entrepreneurial ability, while factor markets are markets for goods and services.C$.$product markets produce goods for final sale while the output of factor markets is included in the purchase price of the good itselflong dashfactors are not sold.D$.$product markets are markets for goods, while factor markets are markets for factors of productionlong dashlabor, capital, natural resources, and entrepreneurial ability.