ryleej23 ryleej23

15-06-2017
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What is the difference between the Product and factor markets?

I will give you 20 points if you answer.
Thanks!

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Аноним Аноним

15-06-2017

Factor markets are concerned with markets for factors of production or inputs in a production process (such as labor, capital, etcetera), whereas product markets refer to the market for the final goods themselves (such as cars, hamburgers).

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