call 1800-GET-A-LIFE
A country must have factors such as abundant resources, advanced technology, skilled labor, efficient infrastructure, and favorable government policies to have a comparative advantage in the production of a specific good.
There are many factors of production. These factors include harvesting materials, bundling in some cases, sorting, and cleaning of many different products.
Roads primarily represent a form of infrastructure, which is considered a part of the capital factor of production. Capital includes physical assets that facilitate production, such as machinery, buildings, and infrastructure. Additionally, roads also support the transportation of labor and raw materials, thereby enhancing the efficiency of other factors of production like labor and land. Overall, roads contribute significantly to economic productivity by improving accessibility and connectivity.
Define factor of production land ,labour,physical capital ,human capital?
Factors of production
A country must have factors such as abundant resources, advanced technology, skilled labor, efficient infrastructure, and favorable government policies to have a comparative advantage in the production of a specific good.
explain three factors that led to the introduction of mis in your country
There are many factors of production. These factors include harvesting materials, bundling in some cases, sorting, and cleaning of many different products.
Australia's (and every other country) four factors of production are:LandLabourCapitalEntrepreneurship.Hope this helps
The nature of the business, seasonality of production and the production cycles are some of the factors that determine the working capital requirements of a firm.
Germany uses three factors of production. The country uses people, capital, and land in order to produce needed products.
natural resources labor capital entreprenuership
Factors of production are the basic inputs used in the production of goods and services. It includes land,labour,capital and entrepreneurship. By Lamptey Samuel Boafo
models purporting to explain growth, value, choice of production method, income distribution, and social classes.
Define factor of production land ,labour,physical capital ,human capital?
Factors of production
No, a country's infrastructure refers to the physical components that make up its basic systems, including transportation, communication, energy, and water supply. Climate and natural resources are separate factors that can influence a country's development and economy.