Question

what are known as factor of production

Answer 1

Labours, land, water, and place is known as the factor of production



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Answer 2

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hey dear here is your answer.✔✔
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✔✔The factors of production include land, labor, capital and entrepreneurship.✔✔

✔✔These production factors are alsoknown as management, machines, materials and labor, and knowledge has recently been talked about as a potential new factor of production.✔✔
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