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Factors of production and its rewards?

land labor capital entrepreneur


What are the factors that can influence demand for land labor capital entrepreneur?

Supply, demand, price, and cost would be the factors.


What are the three factors of prduction?

Land, labor and capital goods


3 major classification of resources in the Philippines?

land,labor and entrepreneur


Which of the four factors of production must be prioritized?

The four factors of production (land, labor, capital and entrepreneur) must all present if you wish to improve the economic level of production.


Example of what factor of production?

Land, Labour, Capital and Entrepreneurship are the factors of production. Examples are Land, Labour in the form of employees, Capital like machinery used in different companies and industries are examples of factors of production.


4 factors of production?

capital:man-made machines usedentrepreneurship:person that starts a businessland:all natural resources found in the landlabor:all human resources


Name the 4 factors of production and give examples of each?

The four factors of production are land, labor, capital, and entrepreneurship. Land refers to natural resources like water, minerals, and agricultural land. Labor includes the physical and mental effort of individuals contributing to production. Capital encompasses man-made resources such as tools, machinery, and buildings. Entrepreneurship involves the innovation and organization of resources to create goods and services, exemplified by individuals like Steve Jobs or Elon Musk.


What are four factors of production?

Labour Land Capital Entrepreneurship


What are the types of production?

1.labour. 2.land. 3.capital. 4.entrepreneur.


What are three market resources?

Land, labor, and capital =)


How does land labor and capital work together?

by working