Social Studies, 15.11.2019 13:31 screen7866
Which statements correctly identify limitations of the factors of production? check all that apply.
-economies must consider their limitations when answering the three questions of economics.
-land is a factor of production that is limited only by the amount available.
-capital includes all money and physical facilities needed to create a product.
-labor is a factor driven by the size of the population, education, and standard of living.
-an economy can function well when producing outside its limitations.
Answers: 1
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Which statements correctly identify limitations of the factors of production? check all that apply....
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