non -wage factors are factor that are factor without payments
Land, labor, or capital.
The company decides to go into a different line of business.
There arent only 2 payments of production and it depends on which factor of production you're talking about. For Labour - the payment to the factor is Wages, For Capital - Interest For land - Rent Entrepreneurship - Profits These payments to the factos of production are provided by the firms. M x
A competitor introduces a similar product at a much lower price.
they are two different things
A factor multiplies with another factor to create a product.
non -wage factors are factor that are factor without payments
Factor payments means is a wage or interest or rent or profit payment for a service of scarce resources, in return for a productive services.
Factor
A product.
A product.
product
It multiples with another factor and creates a product.
Some different words are: Times, product, factor, compound and reproduce. Sorry that's all I can think of but I :)
A product
product