eduandres10 eduandres10
  • 03-09-2018
  • Business
contestada

Why are the factors of production necessary for the production of goods and services?

Respuesta :

sabinekabuika20
sabinekabuika20 sabinekabuika20
  • 03-09-2018

Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship. The first factor of production is land, but this includes any natural resource used to produce goods and services.

Answer Link

Otras preguntas

The war industries board (wib), which became the most important of all federal mobilization agencies, had the authority to
Write the formula equation for the reaction between hydroiodic acid and beryllium hydroxide
The two cones below are similar. What is the value of x? A. 0.09 B. 0.18 C. 0.6 D.0.3
What type of speech is most likely to employ idealism
1.2 × 1.79 significant figure
Does anyone know how to solve this??
Which statement correctly describes events related to the black death of the 14th century
What is the value of n in the numerical sentence below? 4 ÷ 4^3 = 4 n n  = a0
How does the secretion of epinephrine prepare the body for emergencies?
which of the following is a characteristic of modernization?