what are the factors of production in a industry ?
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hey ur ans is here. ....Factors of production are inputs used to produce an output, or goods and services. They are resources a company requires to attempt to generate a profit by producing goods and services. Factors of production are divided into four categories: land, labor, capital and entrepreneurship....hope it helps u. ....MARK AS BRAINLIEST
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The factors responsible for production in industries are-
1. Cheap/skilled Labour
2. Land
3.raw materials
4.machinery
5.distance from market.
HOPE IT HELP U
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