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Land, labor, or capital.
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∙ 11y ago
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Discuss Factor pricing under perfect competition?
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.
What are the factors affecting Demand and supply of goods?
price is the main factor which affect demand and supply and other factors which affect demand and supply are change in income weather change living standard of people alternative things superior to inferior
What are the factor that effect money supply?
Bank rate
The efficiency factor of economic growth is?
The efficiency factor is the sixth ingredient of economic growth. It is used to reach its full production potential, an economy must achieve economic efficiency as well as full employment. The economy must use its resources in the least costly way (productive efficiency) to produce the specific mix of goods and services that maximizes people's well-being (allocative efficiency). The supply, demand, and efficiency factors in economic growth are related. Unemployment caused by insufficient total spending (demand factor) may lower the rate of new capital accumulation (supply factor) and delay expenditures on research (supply factor). Conversely, low spending on investment (supply factor) may cause insufficient spending (demand factor) and unemployment. Widespread inefficiency in the use of resources (efficiency factor) may translate into higher costs of goods and services and thus lower profits, which in turn may slow down innovation and reduce the accumulation of capital (supply factor). Economic growth is a dynamic process which the supply, demand and efficiency factors all interact. Definition- Efficiency Factor - is the capacity of an economy to combine resources effectively to achieve growth of real output that the supply factors of growth make possible
What factor has the greatest influence on elasticity and inelasticity of supply?
time
What did AAA do?
AAA controlled the supply of seven "basic crops" by offering payments to farmers in return for taking some of their land out of farming, not planting crops.
How do identify supply and return lines on a th350?
Supply is above and return is under.
In a(n) fuel oil supply system one pipe is the supply and the other acts as the return.?
In a(n) ____________________ fuel oil supply system, one pipe is the supply and the other acts as the return.
Is it OK to close both the supply vent and return vent in a room?
I would say ok on the supply but not hte return.
What is the form factor of a ATX power supply?
ATX is the form factor.
Discuss Factor pricing under perfect competition?
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.
An improvement in technology is a factor that influences?
supply
Imagine that you are a leader of a people who need a new place to settle which is the most im important factor in determining where you?
A plentiful supply of food is the most important factor in determining a place to settle.
Imagine that you are the leader of a people who need a new place to settle Which is the most important factor in determining where you will live?
A plentiful supply of food is the most important factor in determining a place to settle.
How is the power factor meter connected?
power factor meters are connected across the supply
What are the factors affecting Demand and supply of goods?
price is the main factor which affect demand and supply and other factors which affect demand and supply are change in income weather change living standard of people alternative things superior to inferior
What is a neutral word?
neutral is a return path of supply .
