Question

what are the factors of production​

Answer 1

Answer:

In economics... Factor of production. Resources or inputs are what is used in the production process to produce output....

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Answer 2

Answer:

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Explanation:

In economics, factors of production, resources, or inputs are what is used in the production process to produce output—that is, finished goods and services. The utilized amounts of the various inputs determine the quantity of output according to the relationship called the production function. There are four basic resources or factors of Production: land, labour, entrepreneur and capital. The factors are also frequently labeled "producer goods or services" to distinguish them from the goods or services purchased by consumers, which are frequently labeled "consumer goods".

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