Social Sciences, asked by sudarsh8055, 1 year ago

you want to establish a computer centre what factor of production would you require for the business activity why

Answers

Answered by sukhmanpreet750
2
Factors of production is an economic term that describes the inputs that are used in the production of goods or services in order to make an economic profit. The factors of production include land, labor, capital and entrepreneurship. These production factors are also known as management, machines, materials and labor, and knowledge has recently been talked about as a potential new factor of production.

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