Answer:
A factor is a circumstance or action that will/would influence an outcome.
A variable is something that is liable to change or something that isn't temporary.
A product is a result of an action or a process.
Coefficient means a quantity is being multiplied by the variable, for instance:
4 (the coefficient) X (the variable) - (the operator) 7 (the constant) = 5 (the constant)
What that looks like is: 4x-7=5.