labour markets are fat and job markets are S**y
Labor market is the area where human resource is traded. In good market, goods are traded.
labour market- this deals with the labour resources such as hiring, firing or anything to do with labour of households.goods market- this deals with goods and services, consumption spending, imports and exports.
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 =)
you buy goods and services you buy from a marketer ?
labour and market for goods and services
In a mixed-market econom, the government imposes regulations on the production of goods and services.
In a mixed-market econom, the government imposes regulations on the production of goods and services.
The difference between intermediate goods and final goods is in their nature. Intermediate goods are finished goods which can be used to make other good like wool. The final goods are sold to consumers like a woolen coat.
Marketing services are services that are offered to market products. Tangible goods are actual, physical goods that are sold by businesses.
Ownership in companies is traded in the stock market while ownership of raw, unprocessed goods is traded in the commodity market.
The primary difference between product markets and factor markets is that factors of production like labor and capital are part of factor markets and product markets are markets for goods.
The difference between a monopoly market and a perfectly competitive market is that in a perfectly competitive market there are many sellers and buyers, the traded goods are homogeneous goods or the same goods and sellers are not free to set prices. whereas, a monopoly market is a market that has only one seller, so buyers have no other choice and sellers have a large influence on price changes.
The primary difference between a domestic market and an export market is the payment is made in a foreign convertible currency. Further, the goods produced in India need to be shipped abroad in exchange for payment to be treated as an export. There is a good import-export business practice that one can learn from online exim courses.