What type of transcations take place in the factor market

1 answer:

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Answer: Market structures are conditioned by three main variables: number of producing companies in the market; product differentiation; barriers to entry for new companies.

In the goods and services market, the forms and markets according to these three characteristics are as follows: perfect competition, monopoly, monopolistic (or imperfect) competition, and oligopoly.

In the input market, the market forms are defined as perfect competition, imperfect competition, monopoly and oligopoly in the supply of inputs.

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Discrimination, harassment, unethical accounting, technology misuse, data privacy, health and safety, and favoritism and nepotism are some of the most often encountered ethical challenges. The majority of these worries occur at work.

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The distribution of economic commodities, human subjects research, animal rights, euthanasia, abortion, discrimination and affirmative action, , crime and punishment, and war and peace are a few examples of the types of concerns that fall within the category of social ethics.

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