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Q: What factor that affects the labor market is represented in this situation?
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What is the meaning of Current market situation?

The meaning of market situation is basically understanding how the external environment is affecting a business. It focuses on how the external environment affects their customers.


What are the market models as viewed by the seller?

the various market structures are represented by four basic market models: pure competition, pure monopoly, monopolistic competition,and oligopoly.pure competition-is a market situation where there is a large number of independent sellers offering identical product.PURE MONOPOLY- refers to a market situation where there is only ine seller or producer supplying unique goods and services. A one buyer market situation is knon as monopsony.monopolistic competition- pertains to market situation where there is a relatively large number of small producers or suppliers selling similar but not identical products.OLIGOPOLY- is associated with a market situation where there are few firms offering standardized or differentiated goods and services.


what factors how organizational affects the market?

There are different organizational factors which can affect the market. These can be both internal and external. internal factors include finance, research, and manufacturing. External factors can be political situation, economy, and suppliers plus competitors.


Example of 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.


What is the difference between factor and product market?

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 =)


What affects globalization?

Market regulations.


What is Market equilibrium?

Market equilibrium is this situation when market demand is equal of market supply


Which market structure is the demand curve of the market represented by the demand curve of the firm?

oligopoly


When A situation in which the market does not distribute resources efficiently is considered to be?

a market failure


What is an example of a factor market?

Labor Market


Which company is represented by XLE on the stock market?

The company represented by XLE on the stock market is 'Energy Select Sector'. One can view the latest price of their stock on Yahoo Finance or Nasdaq.


A situation in which the market does not distribute resources efficiently is considered to be .?

a market failure