Asked by
Parinita Raina
on Nov 16, 2024
Verified
Land, labor, and capital are examples of factors of production.
Factors of Production
Resources used in the production of goods and services, including labor, capital, entrepreneurship, and land.
- Recognize the constituents of production and their effect on the incremental product.
Verified Answer
EH
Learning Objectives
- Recognize the constituents of production and their effect on the incremental product.