what is..cell in economics
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Explanation:
What does CELL stand for? The resources in an economy that can be used to make goods and services. They are categorised into: Capital Enterprise Land Labour. What is Land as a factor of production? All natural resources in the economy are classed as land.
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Qᴜᴇꜱᴛɪᴏɴ :
What is cell in economics .
ᴀɴꜱᴡᴇʀ :
The study of allocating limited resources to satisfy unlimited needs. There are certain factors involved. 2a) Described the four factors of "CELL" involved with economics, in terms of C. C-Capital: These are the resources necessary for production. Physical Capital - the stock of equipment, machines to produce goods.
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