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Factors of production
What else can I help you with?
What does economist mean by the term Land?
all Natural Resources used to produce goods and services.
Do you believe Grenada resources is utilizing to produce goods and services?
i think there goods and services are excellent!!
What is the use of resources and machinery to produce goods and services?
good
What resources are needed to produce goods and services?
production materials
What are the three main kinds of resources and how is each one define?
The three main kinds of resources are natural, human, and capital. Natural Resources are gifts of nature, human resources are skills people have to produce goods and services, and capital resources are the things people make, such as machines and equipment, to produce goods and services.
What is the definition of factors of production?
The resources used to produce goods and services.
Economics is about allocating resources to produce and distribute which of the following?
Goods and services
The degree in which resources are being used to produce goods and services?
Productivity
What is the definition of factor of product?
The resources used to produce goods and services.
What Economics is about allocating resources to produce and distribute?
Economics is about the allocation of resources for the production and distribution of goods and _services_
What does the study of economics focus on?
what scarce resources are used to produce goods and services.
What are capital resources?
Capital resources are goods produced and used to make other goods and services. They include tools, machines, and factories used to produce goods.
