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everything that is not created by humans
enumirate the different factor of production?
The Production Budget for Chill Factor was $34,000,000.
why the labour as a mobile factor of production may be unwilling to move
The four factors of production earn the following income:Land earns rent.Labour earns wages.Capital earns interest.Entrepreneurship earns profit.Refer to "Factors of productions?" for the definition of each factor of production. This can be found at [ Factor_of_production]
the cost of factor of production
The main factor influencing production is consumer demand.
money acts as a factor of production. it is because the other factors of production are indirectly dependent on money. more the money paid to any factor of production more it will work. hence money encourages other factors of production to work more.
Money is not a factor of production in economics because it is used as a way to facilitate trade, but does not actually produce goods or services on its own. Money is not considered a factor of production because it cannot be made into a good or service. It can only purchase them. Money facilitates trade, but it is not in itself a productive resource. A factor of production is an input to the production process, such as capital. Money is not capital as economists define capital, because it is not a productive resource.
The best factor of production is money - since it can buy anything - including human resources. By Dr.R.Senapathi.
They don't actually show the limiting factor but what you should is the following steps - Move temprature slider to 24.0 and move it up and down and see if it increases oxygen production Do the same with light intensity
mass production