In the case of each of the following:
Electrician Machinery Business Owner Oil
state in the blank spaces below, which factor of production it represents - Leaving Cert Economics - Question 5 - 2009
Question 5
In the case of each of the following:
Electrician Machinery Business Owner Oil
state in the blank spaces below, which factor of production it represents.
Factor
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Worked Solution & Example Answer:In the case of each of the following:
Electrician Machinery Business Owner Oil
state in the blank spaces below, which factor of production it represents - Leaving Cert Economics - Question 5 - 2009
Step 1
LAND
96%
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Answer
Oil
Step 2
LABOUR
99%
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Answer
Electrician
Step 3
CAPITAL
96%
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Answer
Machinery
Step 4
ENTERPRISE
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Answer
Business Owner
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