Are the varoius factors of production affect by globel compitition
obtain energy to carry out varoius activities
Communism affects industrial production because it does not encourage competition.
Demand, cost of raw materials and competition
climate change and disease
competition, the location and socail economical and cultural issues
Several factors affect profit, including revenue generation, cost structure, and market conditions. Revenue is influenced by pricing strategies, sales volume, and customer demand. Costs encompass both fixed and variable expenses, such as production, labor, and overhead. Additionally, external factors like competition, economic trends, and regulatory changes can significantly impact profitability.
Production factors are essentially the resources needed to produce something. The four generally recognized production factors are land, labor, capital, and either entrepreneurship or time, according to different economists.
There are many factors that affect labor supply. In most cases, this will be determined by the wage rate of the particular industry and the production level expected among other factors.
The 5 factors that affect the demand of fast moving consumer good include the price, quality, availability, competition and the use of the products. There are many other factors that affect the demand for such commodities
Biotic factors such as pests, diseases, and competition from other organisms can negatively impact crop production by reducing yields. Abiotic factors such as soil quality, temperature, water availability, and sunlight influence plant growth and development, with suboptimal conditions leading to decreased crop productivity. Farmers must manage both biotic and abiotic factors to optimize crop production.
All of the following would be... competition for resourcesfood needspredatorssunlight
temperature, grapes quality, lack of skilled staff during production