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What is another term for factors of production?
Another term for factors of production is "resources." This encompasses the inputs used in the production of goods and services, typically categorized into four main types: land, labor, capital, and entrepreneurship. These resources are essential for creating economic value and driving productivity in an economy.
What term comes under the broad definition for factors of production?
of technology, obsolete machinery, innovations, capital,patent rights it is CAPITAL
What does the term economies of scale refer to?
It refers to the reduction of cost per increased unit of production in order to raise efficiency. The inverse of this is also called diseconomies of scale.
What does the term fourth estate refer?
The press
Why do Economist use the term demand to refer to what?
Economists use the term demand to refer to a schedule of various combinations of market prices and amounts demanded.
What term is sometimes used to refer to factors of productions?
productive inputs
What term is used sometimes to refer to Americans of the 1950?
AMericans.
What term does one use to refer to a dead US president?
I can not think of any special term . Sometimes the term "dead presidents' is used to refer to money.
The term stratum germinativum is sometimes used to refer to the?
stratum basale
What number is three decimals?
Three decimals is not a number. The term is sometimes used to refer to numbers that are accurate to three decimal places - that is, to the nearest thousandths.Three decimals is not a number. The term is sometimes used to refer to numbers that are accurate to three decimal places - that is, to the nearest thousandths.Three decimals is not a number. The term is sometimes used to refer to numbers that are accurate to three decimal places - that is, to the nearest thousandths.Three decimals is not a number. The term is sometimes used to refer to numbers that are accurate to three decimal places - that is, to the nearest thousandths.
Another term for a state of the US?
Pennsylvania, Masschusetts, Virginia, and Kentucky sometimes refer to themselves as "Commonwealths". Pennsylvania, Massachusetts, Virginia, and Kentucky sometimes refer to themselves as "Commonwealths".
What would be the conyaer belt of mcdonalds?
The conveyor belt of McDonalds would refer to their meat factory where their meats come from. This could refer to an economic term, but is likely regarding production.
What did Karl Marx mean by the 'means of production'?
Factors of production = means of production I see it like this, the economy converts factor of production (non-money things) into money. And then this money is reinvested into factors of production Factors of production(non-money) is converted to money Factors of production in my definiton are: raw materials labor technology (the human brain) can also argued as a factor of production Notice I did not say capital is a factor of production, because factors of production are first converted into capital (non-money) which is then sold for money when non money things are converted into capital, their value rises.
To what does the term coed refer?
to what does the term coed refer
What was the name used by the ancient Romans to refer to their country estates?
Villa was the name of a Roman's country estate. The term "latifundium" is sometimes erroneously thought to refer to a country estate, but it generally is used when speaking about a very large commercial farm.Villa was the name of a Roman's country estate. The term "latifundium" is sometimes erroneously thought to refer to a country estate, but it generally is used when speaking about a very large commercial farm.Villa was the name of a Roman's country estate. The term "latifundium" is sometimes erroneously thought to refer to a country estate, but it generally is used when speaking about a very large commercial farm.Villa was the name of a Roman's country estate. The term "latifundium" is sometimes erroneously thought to refer to a country estate, but it generally is used when speaking about a very large commercial farm.Villa was the name of a Roman's country estate. The term "latifundium" is sometimes erroneously thought to refer to a country estate, but it generally is used when speaking about a very large commercial farm.Villa was the name of a Roman's country estate. The term "latifundium" is sometimes erroneously thought to refer to a country estate, but it generally is used when speaking about a very large commercial farm.Villa was the name of a Roman's country estate. The term "latifundium" is sometimes erroneously thought to refer to a country estate, but it generally is used when speaking about a very large commercial farm.Villa was the name of a Roman's country estate. The term "latifundium" is sometimes erroneously thought to refer to a country estate, but it generally is used when speaking about a very large commercial farm.Villa was the name of a Roman's country estate. The term "latifundium" is sometimes erroneously thought to refer to a country estate, but it generally is used when speaking about a very large commercial farm.
Is dog a human name?
Dog is not a human name. It is a slang term that is sometimes used to refer to a particular person. Sometimes it is used to refer to something inferior. Its a dog. Sometimes is used to refer to a member of a football team such as a member of the Georgia Bull Dogs. He is a dog. Hi dog. In that case dog is not his name but defines him by his college.
What is the meaning of term 'exogenous'?
The term exogenous means something relating to external factors. It is used in biology to refer to something that is growing or originating from outside of an organism.
