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Factor-price space |
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Factor-price spaceA graph with factor prices on the axes.Similar MatchesFactor marketFactor marketThe market for a factor of production, such as labor or capital, in which supply and demand interact to determine the equilibrium price of the factor. Factor costFactor costThe cost of the factors used in production. The term is used especially when the value of economic activity in a sector or an economy can be measured or valued either at "factor cost," adding up payments to factors, or at "market value," adding up revenues from goods sold. FactoringFactoringA company which is owed money by trade debtors faces the risk of slow payment or default on those debts, which can put strain on its cash flow. One of the ways it can mitigate this danger is by 'factoring' them.Special companies exist (factors) which will pay the company a high proportion of the amount it is owed, in return for the right to collect the debts from the debtors. The company gets a high percentage of the amount it is owed direct from the factor. The factors chase the money and keep the difference. Factor Price Equalization TheoremFactor Price Equalization TheoremOne of the major theoretical results of the Heckscher-Ohlin Model with at least as many goods as factors, showing that free and frictionless trade will cause FPE between two countries if they have identical, linearly homogeneous technologies and their factor endowments are sufficiently similar to be in the same diversification cone. Factor accumulationFactor accumulationAn increase in the quantity of a factor, usually capital or sometimes human capital. Further SuggestionsFactor portfolioprice earnings growth factor Present value factor Factor content Factor of production Factor augmenting Factor-using Factor intensity uniformity Primary factor Factor Proportions Model Factor mobility Total factor productivity Maturity factoring Scarce factor Multifactor model Currency factor Factor movement Old line factoring Single factor model Reported factor Net benefit to leverage factor Factor-saving Pool factor Factor intensity Factor share |
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