87.4k views
4 votes
Which of the following will be accomplished by assessing the factors of production?

User Robson
by
6.5k points

2 Answers

2 votes

I believe the answer is: guaranteeing the fulfilment of needs and wants

Factors of productions include all the skill set, materials, and labour workers that currently available at your disposal. By assessing these factors daily, you would know exactly the amount of goods or services that you can produce, and guarantee all the needs and wants from your consumers would always be fulfilled.

User The Vinh Luong
by
7.0k points
1 vote
By simply considering to assess the factors of production will be able to accomplish the replenishment of the limited resources.
Assessing the factors of production will give you an idea how to maximize the limited resources that you have.
User Tim Holum
by
7.0k points