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What are 4 factors of production and their remuneration in detail?
There are four factors of production. The first is land, which payments are for rent. The second is labor, for which the payment is wage. The third is capital, and the payment is interest. The fourth is entrepreneurship and the remuneration is profit.
What are the 4 economic factors of production on Chocolate?
Cost of cocoa beans Scale of production Cost to convert to chocolate Cost of selling and distribution
What are the 4 basic inputs that make up the factors of production?
land , labour , capital , organization
The resources that contribute to the creation of wealth are known as?
Factors of Production 1. Land 2. Labor 3. Capital 4. Entrepreneurship 5. Knowledge
4 factors of production?
capital:man-made machines usedentrepreneurship:person that starts a businessland:all natural resources found in the landlabor:all human resources
Australia's 4 factors of production?
Australia's (and every other country) four factors of production are:LandLabourCapitalEntrepreneurship.Hope this helps
What are the 4 factors of production?
Land, Labour, Capital, and Enterprise
What are 4 factors of production and their remuneration in detail?
There are four factors of production. The first is land, which payments are for rent. The second is labor, for which the payment is wage. The third is capital, and the payment is interest. The fourth is entrepreneurship and the remuneration is profit.
Why do some firms remain small?
Because they might not have the 4 factors of production and the cost of production me be too high or to much for them to handle.
How tall is Carolyn Carpenter?
Carolyn Carpenter is 5' 4".
How tall is Julia Carpenter?
Julia Carpenter is 5' 4".
How tall is Sherrl Carpenter?
Sherrl Carpenter is 5' 4".
What are the 4 economic factors of production on Chocolate?
Cost of cocoa beans Scale of production Cost to convert to chocolate Cost of selling and distribution
What are the 4 basic inputs that make up the factors of production?
land , labour , capital , organization
What are the common factors of 4 and 64?
The factors of 4 are 1, 2, and 4. 4 is one of the factors of 64, so 1, 2, and 4 are also the common factors of 4 and 64.
Name the 4 factors of production and give examples of each?
The four factors of production are land, labour, capital and entrepreneur. Land: Corn, sugar etc. Labour: Factory workers, farmers Capital: Machinery Entrepreneur: Kellog's
The resources that contribute to the creation of wealth are known as?
Factors of Production 1. Land 2. Labor 3. Capital 4. Entrepreneurship 5. Knowledge
