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Over production is when u over produce something
The factor of production are limited
factors of production
You make use of capital and factors of production.
Factors of production
Over production is when u over produce something
The factor of production are limited
factors of production
factors of production
Which factor used by produce education
Factors of production
You make use of capital and factors of production.
Factors of production
The resources used to produce goods and services.
Germany uses three factors of production. The country uses people, capital, and land in order to produce needed products.
Production factors are essentially the resources needed to produce something. The four generally recognized production factors are land, labor, capital, and either entrepreneurship or time, according to different economists.
The Fixed Proportion Production Function, also known as a Leontief Production Function implies that fixed factors of production such as land, labor, raw materials are used to produce a fixed quantity of an output and these production factors cannot be substituted for the other factors.