Labor Market
Study Island :)
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.
market modification can be done by product modification, i.e the promotion of SUNSILK has increased the market share by including a bit modification in their product and adding a factor of dermotologist. actually market modification is the modification in market share.
gold market is the best example of local market....
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.
households and government
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.
An after market addition to a new cab and chassis assembly.
market modification can be done by product modification, i.e the promotion of SUNSILK has increased the market share by including a bit modification in their product and adding a factor of dermotologist. actually market modification is the modification in market share.
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 =)
gold market is the best example of local market....
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.
households and government
Markets used to exchange final good or service.
Stock Market.
12 can be a factor. It's a factor of 24, for example.
2 is a factor of 4. 3 is a factor of 9.
Factor Market