Factors of production
Factors of production are the inputs for the production process. Three basic factors of production are land, labor, capital and entrepreneurship.
mobility of factors of production
what factors of production is needed for photography
how to improve factors of production
Factors of production
Factors of production are the inputs for the production process. Three basic factors of production are land, labor, capital and entrepreneurship.
mobility of factors of production
how to improve factors of production
what factors of production is needed for photography
1.it is perishable, e.g. eventually used up 2.cannot be separated from the producer. 3.it is mobile. 4.basic factor of production. 5.quality can be improved.
why the labour as a mobile factor of production may be unwilling to move
what is product/mobile machinery
Factors of production are the resources used in producing goods and services. The three factors of production are land, capital and labor.
answer fow conclusion for factors of production
which of the following is a characteristic of the factors of production
Business firms own the factors of production.