factor pricing means the payments made to various factors of production .for example- land,labour ,capital,entrepreneur gets rent,wages,interest and profit respectively for their contribution in production.
under perfect competition supply of labour is perfectly elastic.(i.e. supply curve is drawn parallel to x-axis.).
to understand factor pricing ,one needs to get acquainted with marginal productivity theory of production first which states that factors are paid the value of their marginal physical product.price of a factor is determined by its total demand and supply schedules.
if the situation of perfect competition prevails in the economy then reward to each factor will equal to its productivity
Resource Pricing
What factors usually affect pricing?
The subject matter of microeconomics includes several factors. Some of these factors are commodity pricing, factor pricing, and welfare theory.
increase price, decrease supply
if the situation of perfect competition prevails in the economy then reward to each factor will equal to its productivity
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There are various factors that affect the pricing decisions of a company. Customer, competition, economical factor's such as weak buying power or recission and the host govt laws. Besides these factors internal factors of companies are also affectimg the priciog decision.
4 is a perfect square an a factor of 1200
4 is the perfect square for the factor 12.
The largest perfect square factor of 48 is 16.
Export pricing is the most important factor in for promoting export and facing international trade competition. It is important for the exporter to keep the prices down keeping in mind all export benefits and expenses. However, there is no fixed formula for successful export pricing and is differ from exporter to exporter depending upon whether the exporter is a merchant exporter or a manufacturer exporter or exporting through a canalising agency.
All numbers have factors. Some factors are perfect squares. We call these perfect square factors. 9 is a perfect square factor of 27.
Resource Pricing
1 is a perfect square.
What factors usually affect pricing?
factor the perfect square simplify the perfect root factor out the perfect cube simplify the perfect root √32 = √16 = √8◦2 = 4√2 move 8 out and simplify it to a perfect square