Production factors are essentially the resources needed to produce something. The four generally recognized production factors are land, labor, capital, and either entrepreneurship or time, according to different economists.
All four of the decisions must be made: What goods will be produced?How will production occur?How much should be produced?Who will be the recipients?All are decisions that influence production efficiency.
Factors of production
There are four different factors of production and they are land, labor, capital and enterprise. These four factors are necessary in producing a commodity.
Industry structure is often measured by computing the Four-Firm Concentration Ratio. Suppose you have an industry with 20 firms and the CR is 30. How would you describe this industry?
Primary Secondary Tertiary Quaternary
it depends on the view of each individual, but for me i limit it to two types namely: production and service industry. it depends on the view of each individual, but for me i limit it to two types namely: production and service industry. R. Kelly
Production factors are essentially the resources needed to produce something. The four generally recognized production factors are land, labor, capital, and either entrepreneurship or time, according to different economists.
All four of the decisions must be made: What goods will be produced?How will production occur?How much should be produced?Who will be the recipients?All are decisions that influence production efficiency.
The four main factors of production as applied to a typical project in the construction industry include: · land as the capital cost of purchase · labour as the human resource to build the project, · capital as the finance required to invest in the project · entrepreneur as the owner of the company providing the inspiration to complete the project
The Production Budget for I am Number Four was $50,000,000.
The Production Budget for The Four Feathers was $35,000,000.
The Production Budget for The Four Seasons was $6,500,000.
The Production Budget for Four Rooms was $4,000,000.
There are four basic generic channels in the industry. These channels are Institution, Industrial B2B, Reseller (Retail), and the almighty consumer.
Four levels
what are the four phrases of speech production? and give examples