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What are three factors of production and the two types of payments that appear in the free market circular flow model?
Wiki User
∙ 9y ago
The three factors of production are capital, labor, and land. Two types of payments are from firms and households. These payments go to the goods and services markets.
Wiki User
∙ 9y ago
Xio Gonz
Three factors of production: Labor, Capital, and Land
Two payment types: Resource Markets and Product Markets
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What are the three factors of production and the two types of payments that appear in the free market circular flow model?
Three factors of production: Labor, Capital, and Land Two payment types: Resource Markets and Product Markets
Where might a chord of a circle appear in real life?
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What is factors that appear in a complete list of factors for a given number only once?
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What is called when factors that appear in a complete list of factors for given number only once?
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