0
Many laborers have sought employment in the United States.
What else can I help you with?
What has been the result of the short supply factors of production of Mexico?
Many laborers have sought employment in the United States.
What has been the result of the short supply in factors of production in Mexico?
Many laborers have sought employment in the United States.
What has been the result of the short supply in factors of the product in Mexico?
Many laborers have sought employment in the United States.
What is supply in macro economic?
in Macro economics supply may refer to supply of factors of production, labor supply or supply of capital.
What are the 3 factors of economic systems?
Demand-Production-Distribution/Supply
What has been the result of the short supply in factor of production in Mexico?
Enforced poverty, as Mexico has been traditionally held as a resource-rich country, without the means (capital, means of production) to extract those resources and generate wealth.This process in changing however; starting since the 1930's, Mexico is having an ongoing industrialization process -- nowadays, Mexico is considered an Emerging Market (EM).
What are the factors that affect the supply?
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.
What are the factors that affect labor supply?
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.
What is the difference between industries that have elastic supply and those who have inelastic supply?
Industries with elastic supply can quickly adjust production levels in response to price changes, often due to readily available resources and flexible production processes. In contrast, industries with inelastic supply face challenges in altering production, typically due to factors like high capital requirements, long production times, or limited resources. As a result, price changes have a more significant impact on the quantity supplied in elastic industries compared to inelastic ones.
What factors affecting water supply in agriculture?
Factors affecting water supply in agriculture include climate change leading to variations in precipitation patterns, depletion of groundwater resources from over-extraction, competition for water resources with other sectors, and inefficient irrigation practices. These factors can result in water scarcity, impacting crop production and food security.
List britain’s 3 factors of production?
Natural Resources Another major reason why the Industrial Revolution began in Great Britain was that it had an abundant supply of what economists call the three factors of production. These factors of production are land, labor, and capital.
The role of a producer?
the role of producers are organizing business activities supply of various goods efficient utilization of different factors of production expand the demands for various factors of production
