asked 213k views
5 votes
In the Resource (Factor) Market, who demands the factors of production?

A) Businesses / Firms

B) Individuals / Households

C) Businesses / Firms and Government

D) Individuals / Households and Government

asked
User KhawarPK
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8.6k points

2 Answers

4 votes

Answer:the answer is actually C. Business and firms and government

Step-by-step explanation:

answered
User Rebeku
by
8.5k points
7 votes

Answer: The correct answer is "A) Businesses / Firms".

Explanation: Businesses and Firms demands the factors of production.

The households are those that go to the market of factors offering work, land and capital and in return they receive the salaries, rents and interests that are paid by the companies, who demand these factors to use them in the productive processes.

answered
User Bdew
by
7.9k points

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