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What else can I help you with?
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.
What are the factors effecting improve your economy?
There are several factors that can improve the economy. The biggest factor that can improve and economy is a low unemployment factor. When unemployment is falling the economy usually improves.
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.
If the main macroeconomic problem is unemployment then what is aggregate demand?
Aggregate Demand is the total amount of Demand in the Economy at a given time. It is an important macroeconomic factor because it helps determine, forsee and ,when manipulated ,prevent inflation. Inflation is one of the the main macro-economic problems and is as important as unemployment.
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.
How can one calculate the inflation rate using the unemployment rate as a key factor?
To calculate the inflation rate using the unemployment rate as a key factor, you can use the Phillips Curve. The Phillips Curve shows the relationship between inflation and unemployment. When unemployment is low, inflation tends to be higher, and vice versa. By analyzing this relationship, economists can estimate how changes in the unemployment rate may impact inflation.
What is a factor of unemployment?
That there is no work, because of the economic reasons and because of the troubles that is going on.
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
