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Who possesses the factors of production?
the entrepreneur possesses all other factors of production because he performs managerial functions.which include risk bearing,employment of labour,he provides the necessary capital needed for production.
What do economists consider factor of production?
enumirate the different factor of production?
Why may labor as a mobile factor of production be unwilling to move?
why the labour as a mobile factor of production may be unwilling to move
What is factor price?
the cost of factor of production
Why money is not consider as a factor of a production?
Money is not a factor of production in economics because it is used as a way to facilitate trade, but does not actually produce goods or services on its own. Money is not considered a factor of production because it cannot be made into a good or service. It can only purchase them. Money facilitates trade, but it is not in itself a productive resource. A factor of production is an input to the production process, such as capital. Money is not capital as economists define capital, because it is not a productive resource.
Who possesses the factors of production?
the entrepreneur possesses all other factors of production because he performs managerial functions.which include risk bearing,employment of labour,he provides the necessary capital needed for production.
Who possesses the factors of production in Russia and how are the resources allocated?
The companies.
What do economists consider factor of production?
enumirate the different factor of production?
What was the Production Budget for Chill Factor?
The Production Budget for Chill Factor was $34,000,000.
Why may labor as a mobile factor of production be unwilling to move?
why the labour as a mobile factor of production may be unwilling to move
What is factor price?
the cost of factor of production
What factor influence a region photosynthetic productivity?
The main factor influencing production is consumer demand.
Why is money a factor of production?
money acts as a factor of production. it is because the other factors of production are indirectly dependent on money. more the money paid to any factor of production more it will work. hence money encourages other factors of production to work more.
When was X Factor - Germany - created?
X Factor - Germany - was created on 2010-08-20.
Why money is not consider as a factor of a production?
Money is not a factor of production in economics because it is used as a way to facilitate trade, but does not actually produce goods or services on its own. Money is not considered a factor of production because it cannot be made into a good or service. It can only purchase them. Money facilitates trade, but it is not in itself a productive resource. A factor of production is an input to the production process, such as capital. Money is not capital as economists define capital, because it is not a productive resource.
What is the best factor of production?
The best factor of production is money - since it can buy anything - including human resources. By Dr.R.Senapathi.
When did disconnection from food production became a significant factor?
mass production
