Entrepreneurship (E)
Entrepreneurship
Labor (L)
Labor(L)
Labor(L)
land(t)
enumirate the different factor of production?
Max Factor was a cosmetician.
The Production Budget for Chill Factor was $34,000,000.
why the labour as a mobile factor of production may be unwilling to move
the cost of factor of production
The main factor influencing production is consumer demand.
money acts as a factor of production. it is because the other factors of production are indirectly dependent on money. more the money paid to any factor of production more it will work. hence money encourages other factors of production to work more.