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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 an example of a factor market?
Labor Market
What is Factor 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.
Who are the buyers in the factor market?
households and government
What is a goods market and a factor market?
Markets used to exchange final good or service.
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 is an example of a factor market?
Labor Market
What is Factor 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.
What type of dilation occurs with a scale factor of 14?
The type of dilation that occurs with a scale factor of 14 is enlargement. Any time the scale factor is larger than 1, it is enlargement.
The original sale of securities by governments and corporations occurs in the what market?
dealer market
Who are the buyers in the factor market?
households and government
What is a goods market and a factor market?
Markets used to exchange final good or service.
What cause market failure?
Market failure occurs when goods are not fairly distributed.
Which of the following is part of the resource or factor market?
labor
Where are productive resources bought and sold?
Factor Market
What is the governments role in the factor market?
The role of the government in the factor market is to legislate favorable policies. The other factors include employment determination, wages and labor supply.
