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Define and explain the four factors of production landlaborphysical capitalhuman capital?
Define factor of production land ,labour,physical capital ,human capital?
Define the marginal production theory?
if the situation of perfect competition prevails in the economy then reward to each factor will equal to its productivity
Why money is not consider as a factor of a production?
Money is not a factor of production in economics because it is used as a way to facilitate trade, but does not actually produce goods or services on its own. Money is not considered a factor of production because it cannot be made into a good or service. It can only purchase them. Money facilitates trade, but it is not in itself a productive resource. A factor of production is an input to the production process, such as capital. Money is not capital as economists define capital, because it is not a productive resource.
Why money is not considered as factor as production?
Money is not a factor of production in economics because it is used as a way to facilitate trade, but does not actually produce goods or services on its own. Money is not considered a factor of production because it cannot be made into a good or service. It can only purchase them. Money facilitates trade, but it is not in itself a productive resource. A factor of production is an input to the production process, such as capital. Money is not capital as economists define capital, because it is not a productive resource.
How did Thomas Malthus define economics?
economic can be define as
What is the factor used to define a species?
Reproductive Isolation
Define Independent Variable?
a factor that can be varied or manipulated in an experiment :) - Ashleigh
Wbut question and answer paper for ME 4th sem?
define impact factor
What components define form form factor?
For sure, it is the Motherboard, the Power supply, and the Chassis that determines the form factor of a computer.
Is 0 a partner of 2?
Youre going to have to define a partner. If you mean a factor, no.
How do you define the factor of 12?
1,2,3,4,6,12 Any number that divides into 12 with no remainder.
Define and explain the four factors of production landlaborphysical capitalhuman capital?
Define factor of production land ,labour,physical capital ,human capital?
What is the factor of safety when lifting personnel with a crane?
Manufacturers should define the safety factor of their cranes lifting capacities in their lifting charts.
Can you define protocol?
explain the various factor to bee considered when measuring the performance of a HDD in a computer
What is the relationshi between a motors service factor and amperage rating?
A motor's service factor is a multiplier applied to a motor's horsepower rating to indicate the level of overload it can handle. The motor's nameplate amperage rating indicates the maximum current it should draw under normal operating conditions. The service factor does not directly impact the amperage rating, but motors with a higher service factor may be capable of handling higher loads and thus draw more current.
Define greatest common factor?
In math, the greatest common factor (GCF) of two or more non-zero integers is the largest positive integer that divides the numbers without a remainder.
Define the marginal production theory?
if the situation of perfect competition prevails in the economy then reward to each factor will equal to its productivity
