Economy, asked by shristirai, 1 year ago

take a case of a company and analyse the production process in which all the factors of production that we studied in class are used by the company to produce a product.

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Answered by Raju2392
15

Answer:

Factors of production is an economic term that describes the inputs used in the production of goods or services in order to make an economic profit. These include any resource needed for the creation of a good or service. The factors of production include land, labor, capital, and entrepreneurship.

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