This chapter describes the factors of production. Productive resources are usually classified by economists under three broad headings: labor, land, and capital. The first of these represents human resources; the second natural resources; and the third man-made resources. All three factors have a ...
Frontier Laboratories of Value CreationBioscience, Biotechnology, and BiochemistryKuroda, H., Furusho, S., Maeba, H., and Takashio, M., Characterization of factors involved in the production of 2(E)-nonenal during mashing. Biosci. Biotechnol. Bio- chem., 67, 691-697 (2003)....
factor of production (redirected fromFactors of production) Also found in:Acronyms,Encyclopedia,Wikipedia. n (Economics) a resource or input entering the production of wealth, such as land, labour, capital, etc. Also called:agent of production ...
looking at the factors of production in the U.S. versus globally in the developing world can offer perspective on where investors can put their money to work for the highest returns," says Jack McIntyre, a portfolio manager at Brandywine Global. ...
This is done through minimizing the costs incurred by them or maximizing the amount of sales made on each unit of goods sold. Higher profits are translated into greater productivity in the production process.Answer and Explanation: Factors of production are the inputs used in the produ...
百度试题 结果1 题目Factors of production are the resources that businesses use to produce goods and services.They are grouped into four categories:()()()() 相关知识点: 试题来源: 解析 (1)Land(2)Labour(3)Capital(4)Entrepreneurship反馈 收藏 ...
Factors of Production Basically, there are four factors of production, on which the entire process depends. These Factors are: Land With respect to factors of production, the word ‘land’ has a different meaning in economics, as it covers all free gifts of nature such as natural resources, ...
Which of the following activities would occur in a market for factors of production ( d )a.Reesabuys a newcomputer to help balance her personal checkbook.b.Randy pays a speeding ticket.c.Ian mows his grass.d.General Motors hires additional workers to run a third-shift at a factory. 相关...
The factors of production are the factors used as inputs in the manufacturing process. The basic factors of production are land, labor,... See full answer below. Learn more about this topic: Four Factors of Production | Overview & Examples ...
In terms of job production, you can find it in industries as diverse as shipbuilding and customer furniture production. More examples include making specific pieces for a house, such as railing for buildings and repairing computers or making flower arrangements for a wedding. ...