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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.
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Define the marginal production theory?
if the situation of perfect competition prevails in the economy then reward to each factor will equal to its productivity
What single factor determines how resources are allocated in a market?
Resource Pricing
What factor affect price?
What factors usually affect pricing?
What is the subject matter of microeconomics?
The subject matter of microeconomics includes several factors. Some of these factors are commodity pricing, factor pricing, and welfare theory.
What is the pricing strategy that is needed when you are trying to maximize revenue when capacity is a factor?
increase price, decrease supply
Define the marginal production theory?
if the situation of perfect competition prevails in the economy then reward to each factor will equal to its productivity
What subject matters are being discussed at X Factor Forum?
X Factor Forum is an online forum where viewers of the popular singing competition show the X Factor can discuss the show. Subject matters currently being discussed at X Factor Forum include who will be the new judges, what contestants viewers like the most, and who viewers think should win the competition.
Factors affecting pricing decision?
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.
What is the perfect square and a factor of 1200?
4 is a perfect square an a factor of 1200
What is the perfect square factor of 12?
4 is the perfect square for the factor 12.
What is the largest perfect square factor of 48?
The largest perfect square factor of 48 is 16.
What is a perfect square factor?
All numbers have factors. Some factors are perfect squares. We call these perfect square factors. 9 is a perfect square factor of 27.
What single factor determines how resources are allocated in a market?
Resource Pricing
What do you meant by export pricing?
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.
What is perfect square factor of 17?
1 is a perfect square.
What factor affect price?
What factors usually affect pricing?
How do you simplify a radical?
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
