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Explain how the infrastructure of a country is related to the factors of production?
call 1800-GET-A-LIFE
4 factors of production?
capital:man-made machines usedentrepreneurship:person that starts a businessland:all natural resources found in the landlabor:all human resources
What list contains the four factors of production?
land, labor, capital, and entrepreneurial skills
What are factors of production name any four factors of production.?
Factors of production
Define and explain the four factors of production landlaborphysical capitalhuman capital?
Define factor of production land ,labour,physical capital ,human capital?
Explain how the infrastructure of a country is related to the factors of production?
call 1800-GET-A-LIFE
List the factors that affect demand and explain only three?
demand
4 factors of production?
capital:man-made machines usedentrepreneurship:person that starts a businessland:all natural resources found in the landlabor:all human resources
Explain the factors detemimining working capital requirements of a firm?
The nature of the business, seasonality of production and the production cycles are some of the factors that determine the working capital requirements of a firm.
List britain’s 3 factors of production?
Natural Resources Another major reason why the Industrial Revolution began in Great Britain was that it had an abundant supply of what economists call the three factors of production. These factors of production are land, labor, and capital.
What list contains the four factors of production?
land, labor, capital, and entrepreneurial skills
State and explain the four factors of production giving one example in each case?
Factors of production are the basic inputs used in the production of goods and services. It includes land,labour,capital and entrepreneurship. By Lamptey Samuel Boafo
What are factors of production name any four factors of production.?
Factors of production
Define and explain the four factors of production landlaborphysical capitalhuman capital?
Define factor of production land ,labour,physical capital ,human capital?
What models are factors of production used to construct?
models purporting to explain growth, value, choice of production method, income distribution, and social classes.
Name two countries in which industrialization got an early start explain why-?
Great Britain its factors of production and the United States its factors of production too and inventors from Great Britain.
Explain the law of variable proportions with suitable diagram?
in the process of production, in short run where producer changes few factors of production , i.e; varies the proportion between fixed factors and variable factors then production changes by three ways -at first production increases rapidly - at second production increases slowly - at third production decreases. the analysis of these procedures is known as law of variable proportion.
