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Why in utilizing the factors of production are the entrepeneurs limited by how they can produce?
Wiki User
∙ 12y ago
The factor of production are limited
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∙ 12y ago
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Explain the economic problems between the city dweller and the farmers?
Scarcity is our limited resources but unlimited wants. Our resources are limited by the 4 factors of production - land, labour, capital and enterprise. The problem of scarcity is that our wants are always beyond what we can produce with our resources. porn
What is the five factors of production?
the factor of production are:land, labour, capital, and enterpreneurship The above is too specific: The Four Factors of production are: Natural Resources (Land and all other resources ie. water, air etc.) Capital (Same, revenue and assets) Human Resources (Labor, in addition to any other human provided service, not limited to labor alone) Entrepreneurship (Same, the Ability, Freedom and Guarantee that business's can be established and operate with out too many restrictions)
The basic problems of scarcity and allocation of limited resources are solved by production for use or need rather than production for profit.?
Socialism (A+)
What describes The basic problems of scarcity and allocation of limited resources are solved by production for use or need rather than production for profit?
Socialism
What is tHe ability of countries to sPecialize in the production of certain goods is limited by the existence of what?
trade barriers :)
Provide an example that represents limited resources?
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.
Why are entrepreneurs limited by how much they can produce?
limited in production
What are the disadvantages of handicraft?
I
Is it better for a country to specialize in the production of a limited number of goods or to diversify its production?
Yes
Explain the economic problems between the city dweller and the farmers?
Scarcity is our limited resources but unlimited wants. Our resources are limited by the 4 factors of production - land, labour, capital and enterprise. The problem of scarcity is that our wants are always beyond what we can produce with our resources. porn
How many factors any number has limited or unlimited?
every number has a limited amount of factors those you could chose any number and find another with that number of factors
What are the factors that lead to total war?
Factors leading from limited to total war
An example of a shortage is limited amounts of?
An example of a shortage is limited amounts of food available because the trucks carrying it are on strike. What is an example of a shortage? The resources used to make all goods and services are called the factors of production. ... To show alternative ways to use an economy's resources.
Why did US need to create a war production board?
To best plan production priorities of limited resources
How are populations limited by different factors?
i hate math
Is the number of factors of a given number is limited?
Yes.
How many limited preview for romeo and Juliet?
It depends what production you are talking about.
