Final answer:
Factors of production for a firm include natural resources, labor, and capital.
Step-by-step explanation:
Factors of production are the resources that a firm uses to produce goods and services. One of the factors of production for a firm is natural resources, such as land, minerals, and water. These resources are used in various industries, like agriculture, mining, and energy production.
Another factor of production is labor, which includes the physical and mental effort of workers. Labor is essential for the production process and includes both skilled and unskilled workers.
Capital is also a factor of production and refers to the machinery, equipment, buildings, and other tools used in the production process. Capital can be owned by the firm itself or obtained through borrowing or investment.