A marketplace where factors of production such as labor, capital, and resources are purchased and sold.
Related information about factor market:
- Factor market (economics) - Wikipedia, the free encyclopedia
In economics a "Factor market" refers to markets where services of the factors of production (not the actual factors of production) are bought and sold such as the ...
- Definition of factor market, definition at Economic Glossary
Need to define factor market? Economic term factor market definition. To find out what is factor market, see this explanation.
- What is factor market? definition and meaning
Definition of factor market: A marketplace where factors of production such as labor, capital, and resources are purchased and sold.
- FACTOR MARKET
The first three factors listed are traded in the factor market where the equilibrium quantity of the factor and the factor price are determined. The entrepreneurship ...
- What is the difference between the factor market and the product ...
The difference between a factor market and a product market is that a factor market is a market where productive resources are bought and sold, while a product ...
- The Circular-Flow Model
Labor markets are the most commonly discussed form of a factor market, but it's important to remember that factors of production can take many forms. In factor ...
- AmosWEB is Economics: GLOSS*arama
FACTOR MARKET: A market used to exchange the services of a factor of production: labor, capital, land , and entrepreneurship. Factor markets, also termed ...
- factor market analysis - AmosWEB
An analysis of the structure and equilibrium determination of markets that exchange the services of productive resources. This analysis highlights principles and ...