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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 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
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 cause market failure?
Market failure occurs when goods are not fairly distributed.
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.
The number of times the base occurs as a factor is referred to as the?
exponent
What does the simple circular flow show?
The circular flow model of a mixed economy shows how market systems work and how the business cycle occurs. It is made to help us understand how each sector of economy and how it flows together.
Where are productive resources bought and sold?
Factor Market
