name the requirements of production (or factor of production)
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2
Answer:
land,
labour
human capital
physical capital- working capital and fixed capital
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30
Answer:
❇ ️These include any resource needed for the creation of a good or service.
❇️ The factors of production include land, labor, capital and entreprurship.
❇️ The state of technological progress can influence the total factors of production and account for any efficiencies not related to the four typical factors.
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