Question

Which statements correctly identify limitations of the factors of production? Check all that apply.

Answer 1

Answer:

A, C, E

Explanation:

Edgenuity 2021

Answer 2

Identify limitations of the factors of production.

• It's time to come to an end, but before we do, keep in mind that the four forces of production land, labour, capital, and entrepreneurship are finite resources that serve as the foundation of the economy.
• The amount of land that can be produced is its only constraint. Labor is a factor influenced by the size of the population, education levels, and style of life. Capital contains the funds and physical facilities required to generate a product.
• Primary production is constrained in terrestrial ecosystems by factors such as light, temperature, water, nutrients, and CO2 because they have an immediate effect on the productivity and growth of the local plant species.
• Photosynthesis depends on light, hence light is vital for plant growth. The four production factors. As a Factor, Land. Factoring in Labor. Factoring in Capital. One aspect is entrepreneurship.

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