Which Of The Following Is A Factor Of Production

The gross domestic product does not accurately reflect a product s improvement in a. This implies that the factors of production should be used in combination so that the production target can be achieved.

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The four factors of production are one of the foundations of economic activity.

Which of the following is a factor of production. The classical factors of production include land labor and capital. Which of the following is a factor of production. That s what differentiates them from consumer goods.

Question 9 2 points which of the following is not a factor of production. In recent years however a fourth factor has been added to the list. All employees who have high school diplomas.

The factors of production include land. The factor of production capital is the actual good itself. The four factors are natural resources labor capital and entrepreneurship.

A system in which decisions involving the production distribution and comsumption of goods are based upon custom heredity and caste. They describe all the inputs or resources that are used in the production of goods and services. All productive contributions of humankind.

Which of the following is not a factor of production. According to eraser factor of production as a group or class of original productive resources the production process of an organization can be efficient if there is an optimal use of factors. Factors of production is an economic term that describes the inputs that are used in the production of goods or services in order to make an economic profit.

Financial capital such as stocks and bonds are the funds that provide businesses with their financial resources which can be used to acquire capital goods. 16833451 id not think the united nations would be successful so they refused to join the us the uk the ussr and china were very determined to create an effective organization that would not fail. Entrepreneurship labor land o a product question 10 2 points the term labor for an economist includes only the value of the work done by scientists.

Capital as a factor of production capital is short for capital goods these are man made objects like machinery equipment and chemicals that are used in production. Economic resources use in the production of goods.

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