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In economics, a factor market is a market where factors of production are bought and sold. Factor markets allocate factors of production, including land, labour and capital, and distribute income to the owners of productive resources, such as wages, rents, etc.
Products, Overview & Competitive factor markets
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factor market markets demand production labor price product curve factors marginal resources supply firms output resource labour economic goods competitive
| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| Factor market | is a | market where factors of production are bought and sold | 0.90 | text |
| Factor market | related to Competitive factor markets | Assume | 0.60 | section |
| Factor market | related to Competitive factor markets | In | 0.60 | section |
| Factor market | related to Competitive factor markets | The | 0.60 | section |
| Factor market | related to Competitive factor markets | There | 0.60 | section |
| Factor market | related to Competitive factor markets | One | 0.60 | section |
| Factor market | related to Competitive factor markets | Bassanini | 0.60 | section |
| Factor market | related to Competitive factor markets | Duval | 0.60 | section |
| Factor market | related to Competitive factor markets | Another | 0.60 | section |
| Factor market | related to Competitive factor markets | Glaeser | 0.60 | section |
| Factor market | related to Competitive factor markets | Gyourko | 0.60 | section |
| Factor market | related to Competitive factor markets | Finally | 0.60 | section |
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