wilsaurid wilsaurid
  • 03-10-2019
  • Business
contestada

What are the factors of production? Give an example of each?

Respuesta :

jheennina jheennina
  • 08-10-2019

1)land /natural resources, example : water, oil, copper, natural gas, coal, and forests

2)labor , examples:involves any human input. workforce’s skills, education, and motivation.

3) capital: examples of capital include hammers, forklifts, conveyor belts, computers, and delivery vans

4) entrepreneurship , example: an example of entrepreneur is one who hires the other three factors, brings them together, organises and coordinates them so as to earn maximum profit

Answer Link

Otras preguntas

One function of _____ tissue is to hold organs and other tissue in place?
Why is Rosa parks called the mother of the civil rights movement?
identify the two important events that occurred to the Jews in the 1940s
Select three democratic presidents: Kennedy Carter Nixon Bush Jackson
The sum of two numbers is 44 and the difference is 16 . What are the numbers? Large Number: Small Number:
Select three democratic presidents: Kennedy Carter Nixon Bush Jackson
what is the quotient of 8.01 grams divided by 3.127 grams expressed to the correct number of signicant figures
India s current form of government is a _______________.
Major organs form and cells continue to divide in the __________ stage.A.embryoB.fetusC.blastocystD.zygote
Which of the following statements would serve as a proper definition of federalism? a. The arrangement to divide the government into three branches is also kno