The factors which are used up in production are known as?
Answers
Answered by
3
Answer:
The factors of production are resources that are the building blocks of the economy; they are what people use to produce goods and services. Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship
Similar questions
Science,
4 hours ago
Computer Science,
4 hours ago
English,
4 hours ago
Math,
8 hours ago
Physics,
8 hours ago