What are factor markets?

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Answer 1

Answer:

In economics, a factor market is a market where factors of production are bought and sold


Related Questions

What does an increase in productivity mean

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Answer:

greater output from the same amount of input.

Explanation:

From a broader perspective, increased productivity increases the power of an economy through driving economic growth and satisfying more human needs with the same resources.

What is the ethical rebound to the thought of Joe Biden's advancements in diplomacy?

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Answer: Diplomatic Rebound

Explanation: Joe Biden's moves as President have effected diplomacy in the United States in a majority of ways; this includes securing ties with foreign representatives around the globe.

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