Explain the relationship between factor market and product (15marks)

Question

asked Feb 25, 2023 197k views

1 Answer

Sumit Raj · Answer 1 · 2023-03-02T06:59:26+0000

In factor market individuals supply factors such as labor in return for wages, rent and interest while in the product market firms supply products and individuals pay for them.

Explain the relationship between factor market and product (15marks)

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Please log in or register to add a comment.

Related questions

Categories

Other Questions