Economics Dictionary of ArgumentsHome
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| Factor Price - Economics Dictionary of Arguments | |||
| Factor price: Factor price refers to the cost of using a unit of a production factor, such as wages for labor or rent for land. It is determined by supply and demand in factor markets and reflects the marginal productivity of the input. In competitive markets, factors are paid according to their contribution to output. See also Factors of production, Production, Factor market, Factor income._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
| Author | Item | More concepts for author | |
|---|---|---|---|
| Keynesianism | Factor Price | Keynesianism, | |
| Neo-Neoclassical Economics | Factor Price | Neo-Neoclassical Economics, | |
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Authors A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Concepts A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Ed. Martin Schulz, access date 2026-05-20 | |||
