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: Describe the factors of production required to deliver a service like education?
You need to service each level of education - primary, secondary, tertiary, and non-formal education. You should have a budget.
What are the factors of production in an economic system?
The factors of production in an economic system describe functions the resources do. Economic resources are labor, land, enterprise, and capital.The government controls the factors of production in each economic system.
Income of the four factors of production?
The four factors of production earn the following income:Land earns rent.Labour earns wages.Capital earns interest.Entrepreneurship earns profit.Refer to "Factors of productions?" for the definition of each factor of production. This can be found at [ Factor_of_production]
What is the remuneration of each of of the four factors of production?
The remuneration of the four factors of production; land, labour, capital and enterprise are respectively, rent, wages, interest and profit.
How a production possibility curve depends on factors of production?
A production possibility curve depends on factors of production because they are all part of one big group. For example, if raw material does not arrive when needed, there can be no production. Each part of the production process depends on the step before it.
State and explain the four factors of production giving one example in each case?
Factors of production are the basic inputs used in the production of goods and services. It includes land,labour,capital and entrepreneurship. By Lamptey Samuel Boafo
How many ATMs are made each day?
There is no set number of ATMs made each day as production can vary depending on demand, manufacturer capacity, and other factors. However, major ATM manufacturers can produce thousands of machines per month to supply the global market.
Why would a british cow exported to Uganda be less likely to produce 30 liters of milk each day?
The access to exactly the right feed, the temperature and possibility of anoying insects and infection all are factors that could diminish the production of milk.
Why a British cow exported to Uganda would be less likely to produce 30 liters of milk each day.?
The access to exactly the right feed, the temperature and possibility of anoying insects and infection all are factors that could diminish the production of milk.
Write a definition for each of the resources needed for production. Give some example?
Factors of production are as followsLandLabourCapital : capital are those already-produced durable goods that are used in production of goods or services. eg: machinesEnterprise
How many cans of heinz beans are produced each day?
Heinz does not publicly disclose the exact number of cans of beans produced each day. Production numbers can vary based on factors such as demand, seasonality, and production capacity.
How many eggs do americana lays per year?
So many factors influence the rate of lay of any breed but the Ameraucana is a good layer. Given prime conditions they can produce up to 250+ eggs per year. Health, age, feed, housing, light, space and even contentment can be major factors in each hens production.
