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Elodia [21]
4 years ago
10

What is the difference between Product Markets & Factor Markets?

Business
1 answer:
soldi70 [24.7K]4 years ago
3 0

Answer:

The primary difference between product markets and factor markets is that factors of production like labor and capital are part of factor markets and product markets are markets for goods. ... Anything used in making a finished product—labor, raw materials, capital, and land—make up a factor market.

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<em><u>Thanks</u></em><em><u>.</u></em><em><u>.</u></em><em><u>.</u></em><em><u>.</u></em><em><u> </u></em>

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Choose a real or made up example of a company, and describe at least three variable costs the company has.
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4 years ago
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3 years ago
A firm is about to undertake the manufacture of a product, and is weighing the process configuration options. There are two inte
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$1,125

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6 0
3 years ago
In verifying debits to perpetual inventory records of a nonmanufacturing firm, the auditor would be most interested in examining
AnnyKZ [126]

In verifying debits to perpetual inventory records of a nonmanufacturing firm, the auditor would be most interested in examining the <u> Vendors' invoices.</u>

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8 0
2 years ago
Your firm is looking at setting up a new manufacturing plant in South Park to produce garden tools. The company bought some land
Serga [27]

Answer:

the proper cash flow amount is -$17,313,900

Explanation:

The computation of the proper cash flow amount is given below:

= Land value + plant cost + grading cost

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= -$17,313,900

Hence, the proper cash flow amount is -$17,313,900

7 0
3 years ago
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