Question

out of various factors of production which factor is the more efficient and why​

Answer 1

Answer:

To that end, technology, like money, is a facilitator of the factors of production. The introduction of technology into a labor or capital process makes it more efficient. For example, the use of robots in manufacturing has the potential to improve productivity and output.

Answer 2

Answer:

To that end, technology, like money, is a facilitator of the factors of production. The introduction of technology into a labor or capital process makes it more efficient. For example, the use of robots in manufacturing has the potential to improve productivity and output.

Explanation:

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