Economy, asked by yashmehta21, 1 year ago

what can be the conclusion for factor of production?

Answers

Answered by Blaezii

Answer:

Factors of production is an economic term that describes the inputs used in the production of goods or services in order to make an economic profit. These include any resource needed for the creation of a good or service. The factors of production include land, labor, capital, and entrepreneurship.

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