Question

Differentiate between product pricing and factor pricing

Answer 1

Answer:

In the case of factor pricing, demand and supply forces refer to demand and provide factors production. ... As in the case of product pricing, the basic function of the entity of factor prising is to explain the determinants of the cost of the factor.

Explanation:

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Answer 2

$answer$

Differentiate between product pricing and factor pricing

product pricing

As in the case of product pricing, the basic function of the entity of factor prising is to explain the determinants of the cost of the factor.

factor pricing

In the case of factor pricing, demand and supply forces refer to demand and provide factors production. ...