The market for a factor of production, such as labor or capital, in which supply and demand interact to determine the equilibrium price of the factor.
The large firm that produce good and services
An example of factor market is the automobile market. This is a market that exists as a result of demand for something that consumers use.
Labor Market
households and government
Markets used to exchange final good or service.
Factor Market
An example of factor market is the automobile market. This is a market that exists as a result of demand for something that consumers use.
The difference between a factor market and a product market is that a factor market is a market where productive resources are bought and sold, while a product market is a market where products offer goods and services for sale.I copied this out of my econ book =)
Labor Market
households and government
Markets used to exchange final good or service.
Factor Market
labor
what is the histroy of Indian stock market ? which factor effectedon the market ? if, i want this answer what can i do ?
The role of the government in the factor market is to legislate favorable policies. The other factors include employment determination, wages and labor supply.
pull factor
Chill Factor grossed $11,263,966 in the domestic market.
Factor Market: Market where factors of production are traded for $$$ (Land, Labor, Capital, Entrepreneurship) AMD (:p lol) AND Product Market: Where final products from businesses or firms are sold by means of factors of production (i.e. target, best buy, etc.)