Social Sciences, asked by mohdnadeem14319, 5 months ago

Explain the factors of production 5 points 5 marks

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Answered by ranjitselvand

Answer:

In economics, factors of production, resources, or inputs are what is used in the production process to produce output—that is, finished goods and services. The utilized amounts of the various inputs determine the quantity of output according to the relationship called the production function

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