Question

(Q:5) Factors of production may be of
types.
5.
2
3​

Answer 1

Answer:

Factors of production may be of 2 types.

Explanation:

I have told the answer

Answer 2

Answer:

There are 4 types of factor of production :

land

landlabour

landlabourcapital

landlabourcapitalmachinery

Explanation:

Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship.

The required resources required for production are:-

men,method,money,material, machine

but the main are four 4