0
it plays a role in the factor of production because if there is none, companies can produce more with a higher selling price.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
The role of a producer?
the role of producers are organizing business activities supply of various goods efficient utilization of different factors of production expand the demands for various factors of production
What is the role of households in the economic cycle?
To provide all the factors of production to resource markets.
What can a nation do to increase its economic growth?
Economic growth can be achieved by profitable businesses, consumers making purchases and an even production rate and consumer rate also plays a role.
Why is labor a unique factor of production?
Labour is a unique factor of production due to that they play an important role and labour is the important factor on the base of it company performance depends.
What is the role of the price system?
In economics, a price system determines the allocation of scarce resources and induces supply to respond to change in demand. It also rations out scarce product, indicates change in want, is in use in the production of goods and services, and determines the reward factors of production.
Role of factors of productions in GNP?
Role of factors of production in GNP of Pakistn in 2009
The role of a producer?
the role of producers are organizing business activities supply of various goods efficient utilization of different factors of production expand the demands for various factors of production
What role does operations management play in producing goods and services?
To coordinate the activities of all the factors of production namely:labour,land,capital,technology,and equipments. To coordinate the activities of all the factors of production namely:labour,land,capital,technology,and equipments.
Explain various factors that play an important role in determining the personality of a?
Explain various factors that play an important role in determining the personality of a person?
What role do spores play in the reproducing of fungi?
the main production
Which list consists of four factors that play a play a role in determining climate?
A
What is the role of households in the economic cycle?
To provide all the factors of production to resource markets.
Skin cells play an important role in the production of?
Vitamin D
What role do lipids play on ATP production?
they can fight the cancer cells
What kind of organisms play a role in a coal production?
you your mom and your dad
Which role did Louis play in his school production of grease?
Danny zuko
What three kind of organisms play a role in a coal production?
you your mom and your dad
