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What is last factor of production?
The factors of production are resources that are the building blocks of any economy; they are what people use to produce goods and services. Economists divide the factors of production into four categories: land, labor, capital, entrepreneurship and IT.
What do economists consider factor of production?
enumirate the different factor of production?
Why may labor as a mobile factor of production be unwilling to move?
why the labour as a mobile factor of production may be unwilling to move
What is factor price?
the cost of factor of production
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.
An office building is an example of which factor of production?
capital
A telephone system in an office complex is an example of which factor of production?
A telephone system in an office complex is an example of production capital.
A telephone system in an office complex is an example of what factor of production?
Capital
What is last factor of production?
The factors of production are resources that are the building blocks of any economy; they are what people use to produce goods and services. Economists divide the factors of production into four categories: land, labor, capital, entrepreneurship and IT.
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 was the Production Budget for Office Space?
The Production Budget for Office Space was $10,000,000.
Why may labor as a mobile factor of production be unwilling to move?
why the labour as a mobile factor of production may be unwilling to move
What is factor price?
the cost of factor of production
When was Church Office Building created?
Church Office Building was created in 1972.
When was Central Office Building created?
Central Office Building was created in 1906.
When was Failing Office Building created?
Failing Office Building was created in 1913.
