What is the factors of production

asked Jan 3, 2016 20.1k views

2 votes

by Mekk

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2 votes

Land, labor, and capital; the three groups of resources that are used to make all goods and services.

Sasse answered Jan 5, 2016

by Sasse

8.8k points

6 votes

An economic term to describe the inputs that are used in the production of goods or services.

Beactive answered Jan 8, 2016

7.6k points

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