09-08-2019
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Explain how factors of production are used to make a good or service

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ImAWizardMan ImAWizardMan

09-08-2019

Answer:

The factors of production are land, labor, capital, and entrepreneurship.

Explanation:

The factors of production are land, labor, capital, and entrepreneurship. They are the inputs needed for supply. Essentially, the factors of production consist of any resource that is used in the creation of a good or service.

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