1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kap26 [50]
2 years ago
10

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

Social Studies
2 answers:
Evgesh-ka [11]2 years ago
3 0

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.

Anastasy [175]2 years ago
3 0

Answer:The factor market is driven by demand in the product market. The resources needed to produce goods and services are created or obtained in sufficient quantities to satisfy demand in the product market. In effect, the consumer market dictates the factor market.

Explanation:

You might be interested in
Which of the following statements regarding Bechtel is true?
Anna11 [10]

Answer:

e.All of these are true.

Explanation:

Bechel is an engineering company that operates in the field of construction and civil and architectural project management. It is the largest US construction contractor and is the 11th most successful privately owned American company. About Bechel, we can say that its competitive advantage is project management, it was the Hoover Dam construction contractor while helping to rebuild Iraq. Bechtel teams have had to travel under armed escort. Bechtel's procurement program is global in nature.

3 0
3 years ago
What has kept Haiti from success? Look at institutions, culture and geography as potential causes.
mario62 [17]
Corruption rate in Haiti has been one of the highest in the entire world. To the point that corruption has become part of the Haitian culture where the affluent try to hog their riches. Another very crucial cause of Haiti's misery is the media. The media actually screens what is really happening and distorts the truth in order to protect for the leaders to protect themselves. Lastly, for the longest time, Haiti was considered a slave nation by many countries in the world. This lead to a poor image of Haiti. 
6 0
3 years ago
Which country is an exception to the notion that weak states typically have poor economic growth?
Ilia_Sergeevich [38]

I think the answer is India! I'm sorry if this is wrong.

8 0
3 years ago
Which of the following statements are true about the economy of colonial New England? Check all of the boxes that apply.
Aneli [31]

Answer:

C and D

Explanation:

5 0
3 years ago
In contrast to both perfect competition and monopolistic competition, an oligopoly market structure is characterized by:
Lubov Fominskaja [6]

Answer:

An oligopoly market structure is characterized by competitively small number of big businesses that generate similar products but differ to a slight degree, and cannot restrict other businesses from having a significant influence.

Explanation:

While a perfect competition market structure consists of many businesses with no particular business in complete control of prices and supplies, and a monopolistic competition market structure consists of many businesses with only one business in complete control of prices and supplies, an oligopoly market structure is characterized by competitively small number of big businesses that generate similar products but differ to a slight degree, and cannot restrict other businesses from having a significant influence.

4 0
3 years ago
Other questions:
  • Kurt and mitch visit an amish village on a class trip. "let's see if we can round up some old radios and appliances and drop the
    13·1 answer
  • Hunting loses respect as a sport when hunters:
    12·1 answer
  • Since new lithosphere is being created at oceanic ridges due to plate tectonics, the earth is getting larger all the time
    11·2 answers
  • To ensure a smooth transfer, the outgoing Incident Commander should provide a ___________ to the new Incident Commander.
    9·1 answer
  • When molly told her therapist about her frightening car accident, the therapist instructed her to close her eyes and verbalize a
    5·1 answer
  • Please help me write these paragraphs
    15·1 answer
  • Select all that apply. A narrative: _____. proves a point must be told from first-person POV does not require a narrator uses de
    11·1 answer
  • Which transition word or phrase would best fit at the
    14·1 answer
  • Priyanka took a drug 90 minutes ago. Now she sits alone quietly, intently looking at individual blades of grass that are a brill
    11·1 answer
  • Most of the families who homesteaded in the west were happy and healthy, enjoyed the work, and were rewarded with bountiful harv
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!