what are the different factors of production in village Palampur describe in detail ?
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6
Answer:
There are four factors of production which are prevailed in Palampur.
These factors of production are as follow:
Land- Land and other natural resources.
Labour- the people who do the work.
Market- The healthy competition.
Capital—Investment required in the business and the various inputs required at every stage.
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2
Answer:
land ,labour, physical capital a.fixed capital b.working capital
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