Documents 1. How factors of production—resources like land, labor, and both physical and human capital—are...

Slide 1 1. How factors of production—resources like land, labor, and both physical and human capital—are traded in factor markets, determining the factor distribution…

Documents © 2005 Worth Publishers Slide 12-1 CHAPTER 12 Factor Markets and the Distribution of Income...

Slide 1 © 2005 Worth Publishers Slide 12-1 CHAPTER 12 Factor Markets and the Distribution of Income PowerPoint® Slides by Can Erbil and Gustavo Indart © 2005 Worth Publishers,…

Documents Factors of Production. Remember? 1.Land 2.Labor 3.Physical capital 4.Human capital What is capital?....

Slide 1 Factors of Production Slide 2 Remember? Slide 3 1.Land 2.Labor 3.Physical capital 4.Human capital What is capital? The value of the assets that are used by a firm…