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-. Describe the four factors of production. How have the owners of Finagle A Bagel used them to

build the business over time?

User Ninita
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1 Answer

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14 votes

Answer:

Factors of production are the resources people use to produce goods and services; they are the building blocks of the economy. Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship.

User Dharam
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