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Resources created by humans to aid production.
Resources created by humans to aid production

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9y ago

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Related Questions

What best describes the what capital contributes to production?

Resources given to the earth to supply production


What best describes what contributes to production?

Resources given to the earth to supply production


What best describes the organization of labor and capital?

production


What best describes organization of labor and capital?

production


What best describe what capital contributes to production?

Resources given to the earth to supply production


What best describes what labor directly contributes to production?

human effort and ideas drive production


What term in economics describes spending that pays for the production and accumualation of capital goods?

investment


What best describes whether labor directly contributes to production Human labor A contributes efforts and ideas which drive production B has no effect on production C has minimal effect?

Resources created by humans to aid production. Human effort and ideas drive production.


What best describes what labor directly contributes to production A Humans create resources to aid production B Human effort and ideas drive production C Humans harne?

B. Human effort and ideas drive production


What is an example of a capital good and how does it contribute to the production process?

An example of a capital good is a machine used in a factory to manufacture products. This machine contributes to the production process by increasing efficiency and output, reducing labor costs, and improving the quality of the final product.


What is a capital good and how does it contribute to the production process?

A capital good is a physical asset, like machinery or equipment, used in the production of goods or services. It contributes to the production process by increasing efficiency, productivity, and output levels. Capital goods help businesses produce more goods or services in less time, ultimately leading to higher profits and economic growth.


What contributes to production?

capital is the fund which is brought into the business, It is the source which is used to buy the Asset (machinery) and Raw materials. With the help of the machinery only the working process will be carried on and we can produce the goods. Therefore i conclude it by saying capital is the very much essential in Production.