Question

hii mate.. what is production factor?​

Answer 1

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

Answer 2

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Production Factor

Production Factor basically focuses on large Production of the Product.

Lagrge Production of Product makes the cost low for the firm and the Profits high. Increase in Production of the Product often compromise with its quality.

Increase in Production cause High Profit Margin for The Manufacturers as well as low Price for the Consumers which cause increase in Sale of the Product.

Production Factor is mainly increase production.

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