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correct answer is Factors of production

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8y ago

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Related Questions

What is a manufactured good that is used to produce other goods and services called an economic want or a capital resource?

Capital


Tool or machine that a company can use to produce goods and services?

Capital goods/ Capital resource.


Manufactured goods needed to produce other goods and services are called?

Capital Goods.


What are goods and services are produce are called?

factors of production


The set of actions that produce goods and services are called?

Manufacturing


The amount that a supplier pays to produce goods and services is called?

Cost


What is called the power to produce or provided?

The ability to produce goods or services is known as productive capacity.


What are any resource that are made by humans and used to create other goods and services called?

capital


What are the Amount spent in order to produce and sell the goods and services is called?

Expensive


A system for producing and distributing goods and services?

The system of producing goods and services is called an economy. This system uses humans to produce and sell the goods. When the people have no say in what will be produced or how, this is called a command economy.


What are the four basic questions of economy?

What goods and services will be produced?How will the goods and services be produced?Who will get the goods and services?How will the system accomodate change?


What Three question every economy must answer?

What goods and services will be produced?How will the goods and services be produced?Who will get the goods and services?