Question

What factors of production would be required to establish a carpentry shop and why

Answer 1

I would require the following factors of production:
- I would require a land to open my shop and raw material that is wood for my work.
- I would require some workers who will help in my work
- I would require capitals like implements like saw, axe and some money for making payments to the laborers and to buy other necessary items.

Answer 2

Yes..actually .... it would require a land to open my shop and raw material that is... wood for my work.it ..... would require some workers who will help in my work ....It would require capitals like implements like saw, axe .....and some money for making payments to the laborers and to buy other necessary items.