Broadly speaking, there are two types of markets: Product markets and factor markets. In the first one, all sorts of goods and services from cars to movie tickets are bought and sold. The other one involves factors of production such as land, labor and capital. When you are offered a consumer loan, you are in a capital market. When you try to get a job, you are in a labor market. If you want to buy a piece of land or house by the Aegean coast for your retirement, then you are a participant in the land market or real estate market.

As it is understood the correct answer is “B”. A graduate who has applied for a position in a company is in labor market and a student who is offered a student loan is in capital market. Markets such as land, labor and capital markets are factor markets. A person who wants to buy a car, a student who is trying to buy a ticket for a concert and a person who goes shopping are in product market.