Question

factors of production​

Answer 1

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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Answer 2

Answer:

it is an economic term that describes the inputs used in the production of goods and services in order to make an economic profit..these include any resource needed for the creation of goods and services.

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