the weather is a big factor--from freezes, to drought, to too much rain. For example, Hurricane Georges and Tropical Storm Mitch blew through Central America in 1998, causing widespread damage.
Over 2.25 billion cups of coffee are consumed in the world every day. A coffee plantations in developing countries production over 90% of the worlds coffee. 25 million small producers rely on coffee for a living.
enumirate the different factor of production?
The conversion factor for ground coffee weight to volume is approximately 1 ounce of ground coffee equals 2 tablespoons.
The Production Budget for Chill Factor was $34,000,000.
the cost of factor of production
Brazil leads the world in coffee production.
Brazil
A coffee bean is about the size of a peanut.
The main factor influencing production is consumer demand.
Country X doesn't give up a more efficient form of production in order to grow coffee.
Brazil has the absolute advantage in coffee production due to its large land area suitable for coffee cultivation, favorable climate conditions, and high levels of investment in the industry. Brazil is the largest producer and exporter of coffee in the world.
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.