non -wage factors are factor that are factor without payments
Entrepreneurs.
Land, labor, or capital.
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
Resources is a factor in profit maximization. A company has to have all of their necessary resources in place to ensure they can maximize their profits each day.
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.
To evaluate the Philippines economic resources you have to look at the plants that are working. The amount of money that each resource is generating is another factor that can be used for the evaluation.
Age is not a factor...or number of years you've contributed. There is a maximum amount of FICA taxable wages each year...that changes regularly.
time and factor are two important factor of resources
non -wage factors are factor that are factor without payments
A risk factor related to the family's inability to provide sufficient financial resources to meet minimum needs
Entrepreneurs.
Factors of production are also termed resources or scarce resources. This factor must be produced using other factors of production, which means that society is often, Farmland provides an example of the blur between land and capital.
Land, labor, or capital.
Resources.
A factor that is not part of the slow development of Asia's natural resources are the residents. People have little to no bearing on how natural resources develop.
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