Factor markets for chocolate bars are influenced by the

Question

Quizplus · Accepted Answer

The demand for chocolate bars will determine the quantity demanded and ultimately affect the price. The marginal productivities of labor and capital will affect the cost of production and therefore the supply of chocolate bars. The market prices for final goods and services will affect the price that chocolate bar producers can charge and ultimately influence the supply and demand of chocolate bars. Therefore, all three factors listed in options A, B, and C influence factor markets for chocolate bars.

Factor Markets for Chocolate Bars Are Influenced by the