Producers would own the factors of production anywhere, not just France.
There are a number of factors that may be involved in the production of a car. The actually creating a car is a factor inside of itself.
money acts as a factor of production. it is because the other factors of production are indirectly dependent on money. more the money paid to any factor of production more it will work. hence money encourages other factors of production to work more.
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.
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
There are five factors of production these are land, labour, capital, entrepeneur and information resources.
The Five factors of production are:Land, Labor, Capital, Entrepreneurship and Knowledge-Land-Labor-capital-entrepreneurship-natural resources
Factors of production
The five factors that encourage industrial growth include improved transportation, modern machinery, and improved communication. Two other factors are assembly line production and better production methods with modern technology.
Factors of production are the inputs for the production process. Three basic factors of production are land, labor, capital and entrepreneurship.
mobility of factors of production
what factors of production is needed for photography
how to improve factors of production
Better transportationWarModern technologyEmbargo Act of 1807Assembly line production(OW)
Factors of production are the resources used in producing goods and services. The three factors of production are land, capital and labor.
answer fow conclusion for factors of production
which of the following is a characteristic of the factors of production