answersLogoWhite

0

land,labor, and capital are all resources of production necessary to produce goods and services

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

What best explains the role that labor has in the production of goods and services?

Land,labor, and capital are all resources of production necessary to produce goods and services.


Which best explains the profit motive?

The desire to make money through the production of goods and services.


Which person studies the production distribution and consumption of goods and services?

An Economist studies the production distribution and consumption of goods and services


Which person studies the production .distribution and consumption of goods and services?

An Economist studies the production distribution and consumption of goods and services


What are the production distribution and consumption of goods and services?

An economy is a system for producing goods and services.


Explain how the production of services differs from the production of manufacturing goods give two example?

In the game of economics, which of the following players use goods and services?


What is trade policy?

Trade policy explains the way we can get goods and services to the customers.


Economics is about the allocation of resources for the production and distribution of goods?

Economics is about the allocation of resources for the production and distribution of goods and ___________.


This is equipment and factories used in the production of goods and services?

capital goods or capital


Is the study of how goods services and wealth are produced?

Economics is about the production and distribution and ownership and taxation of goods, services, and wealth.


Is the current US economy is based primarily on the production of Agricultural goods Goods for Federal government use Manufacturing goods or Services?

services


Goods prouduced for the pupose of making other goods and services are called?

The hiring of labor power only results in the production of goods or services.