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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:

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Athenian democracy was a direct form of democracy. The Roman Senate is indirect democracy. The people elect someone to represent them so they don't have to gather everytime something needs voting on, they just let their representative do it for them. It's what our government is mostly based on.

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Kevin weighed his baggage before going on a trip. In what unit did the measuring scale show the weight of his baggage? What is t
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The correct answer would be, Kilogram. K.G.

Kevin weight his baggage before going to trip. In Kilogram the measuring scale showed the weight of his baggage. The shortened form of the unit is K.G.

Explanation:

The unit which is used to measure weight of something is either Kilogram or Pounds. The measuring scales usually have both units printed on it. But the unit which is most widely used in airports to measure weight is Kilogram.

So when Kevin was going on a trip and wanted to measure the baggage weight, the measuring scale measured the weight in Kilograms. The shortened form for Kilogram is K.G.

There are further sub units of Kilogram, which are used in measuring other quantities, for example, Kilogram, Gram, Milligram, Microgram, etc.

Another unit of weight is Pounds and its short form is LBS

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