production or productivity
Productivity
production or productivity
The product market is the market in which firms sell their output of goods and services.
is the measurement of the flows of output (goods and services) of an output (factors of production) that pass through the market in an economy during a specific period
workers
production or productivity
Productivity
production or productivity
The product market is the market in which firms sell their output of goods and services.
Goods and services.
is the measurement of the flows of output (goods and services) of an output (factors of production) that pass through the market in an economy during a specific period
When an economy achieves the output of goods and services most desired by its citizens, it is said tohave
workers
Resource markets will set incomes based on workers' contributions to the output of scarce goods and services
Workers or Producers
The market supply curve shows the amount of goods/services produced at any given price. There is a direct relationship between output and price. That is, if the price of goods and services is high, then sellers will produce a large number of goods and services. Conversely, if the price of goods/services is low, then output will also be low.
Workers...Apex Workers are the group of players in the game of Economics that both produce and uses goods and services. This is also known as apex.