discuss factors of production
The four factors of production (land, labor, capital and entrepreneur) must all present if you wish to improve the economic level of production.
land labor capital entrepreneur
1, 2 and 4 are the only factors of 4.
The factors of 4 are: 1, 2, 4The factors of 8 are: 1, 2, 4, 8The factors of 16 are: 1, 2, 4, 8, 16The common factors are: 1, 2, 4
Australia's (and every other country) four factors of production are:LandLabourCapitalEntrepreneurship.Hope this helps
Factors of production
Factors of production are the inputs for the production process. Three basic factors of production are land, labor, capital and entrepreneurship.
There are four factors of production. The first is land, which payments are for rent. The second is labor, for which the payment is wage. The third is capital, and the payment is interest. The fourth is entrepreneurship and the remuneration is profit.
mobility of factors of production
what factors of production is needed for photography
how to improve factors of production
Because they might not have the 4 factors of production and the cost of production me be too high or to much for them to handle.
Cost of cocoa beans Scale of production Cost to convert to chocolate Cost of selling and distribution
Factors of production are the resources used in producing goods and services. The three factors of production are land, capital and labor.
land , labour , capital , organization
answer fow conclusion for factors of production