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What else can I help you with?
What does economist mean by the term Land?
all Natural Resources used to produce goods and services.
How are renewable resources used to produce energy?
nothing
What is most energy resources used to produce?
Electricity
Which of these is used to produce goods for people to buy?
resources...
What is a sweater shaver used for?
A sweater shaver is used for shaving the fuzz or dust off your sweater. This helps to make your sweater feel brand new again and help get the dust off.
How many sweaters can one sheep produce with one fleece?
1.2billion the exact estimate is 1,218,374,478.
How does scarcity affect the factors of production?
Scarcity is the non-abundance of resources. Resources are needed to produce. Thus, the more that is produced, the more resources are being used.
What is the definition of factors of production?
The resources used to produce goods and services.
The degree in which resources are being used to produce goods and services?
Productivity
What is the definition of factor of product?
The resources used to produce goods and services.
Does sweater produce heat?
Sweaters do not produce heat themselves. They help to keep you warm by trapping the heat that your body produces. The material of the sweater acts as an insulator, preventing the heat from escaping and helping to maintain your body temperature.
What does the study of economics focus on?
what scarce resources are used to produce goods and services.
