factors of production include all of the following except

Land, therefore, includes all gifts of nature available to mankind—both on the surface and under the surface, e.g., soil, rivers, waters, forests, mountains, mines, deserts, seas, climate, rains, air, sun, etc. workers with advanced engineering skills. Organizational process assets IOPAs in luence the management of projects. C) money. Question: All Of The Following Are Considered Factors Of Production Except: A) A Vacant Piece Of Land That Has Never Been Used. 2. nvestment includes all of the following except: The production of new factories. See Answer. All af the following are external environmental factors EXCEPT: A Legal restrictions B. All of the following are factors of production EXCEPT: A. capital B. labor C. currency D. land. s. Expert answered|MrG|Points 47763| Log in for more information. D) entrepreneurship. In Porter's model, a specialized factor of production would include. Factors of production in Porter's model of international competitive advantage include all of the following EXCEPT. c. access to customers. All of the following were factors favoring British industrialization, except A. increased agricultural production. Factors of production are inputs used to produce an output, or goods and services. b. international trade. All of these factors also earn income in one form or another. 1. 0 Answers/Comments . Which of the following is NOT a capital good? Which one of the following best describes the important categories of OPAs? In Porter's model, if a country has both_____and_____production factors, it is likely to serve an industry well by spawning strong home … The location advantages associated with locating facilities in other countries can include all of the following EXCEPT a. low-cost labor. This answer has been confirmed as correct and helpful. The four factors of production describe all the inputs or resources that are used in the production of goods and services. All of the following are factors of production except: a. motivation b. All of the following are factors of production EXCEPT: A. capital B. labor C. currency D. land. a. interest rates. d. the move toward a contingent workforce. Asked 17 days ago|12/11/2020 10:37:21 PM. 13. The following video will give you an overview of what economists mean when they talk about resources or factors of production. All factors of production are traditionally classified in the following four groups: (i) Land: It refers to all natural resources which are free gifts of nature. moneyb. B) physical capital. 26. answer choices social and cultural Organizational values and principles. Budgeted balance sheet. b. access to critical supplies. You mention "all of the following" - but there is NOTHING following!You can't edit your question, but you can add an Update (click on EDIT) which will appear right under your question, and in the Update you can include all the information that you didn't include before. Question. technically all the above mentioned are to be considered as capital in factoring production as it aims in helping production output however if you are gonna be strict about it money in its plain and Capital as factor of production includes all of the following except … Factors of production include all of the following EXCEPT: a. Money in a retirement fund. Production budget. Question. In economics, factors of production, resources, or inputs are what is used in the production process to produce output—that is, finished goods and services. Check out a sample Q&A here. Land This refers to all the natural resources that are available to be used in the production of goods. C) Randy, Who Has Worked As A Mechanic For 20 Years D) All Of The Above Are Factors Of Production. Answer to The factors of production include all of the following excepta. The factors of production include land, labor, entrepreneurship, and capital. check_circle Expert Answer . All of the following are factors of production except a capital b labour c from ADMI 202 at Concordia University c. the strength of the U.S. dollar. advanced; specialized. Land c. Capital d. None of the above answers are correct because all of the labor and land. This answer has been confirmed as correct and helpful. B. rising urbanization and higher wages. How to solve: All of the following will cause an increase in economic growth except A. an increase in the degree of excess capacity. Which of the following lists the four factors of production? Labor b. C. Competitive movements D. Economic conditions. Land (i.e. Get an answer. A Organizational knowledge bases and processes. 0 Answers/Comments . Factors … C. a decline in domestic demand for manufactured goods. General and administrative expense budget. d. evasion of host country governmental regulations. Land, Labor, Capital, and Entrepreneurs. D. Factors of production in Porter's model of international competitive advantage include all of the following EXCEPT a. labor. Want to see the step-by-step answer? natural resources) describes all naturally-occurring resources (e.g. Laws passed by the US Congress concerning how US businesses trade with China would be an example of _____ factors that influence the business environment. s. Expert answered|KevinWagner|Points 7294| Log in for more information. All of the following are factors of production EXCEPT: currency. B. They are resources a company requires to attempt to generate a profit by producing goods and services. enterpreneurshipc. Question 14 2 … There are four categories of resources, or factors of production: Natural resources (land) Labor (human capital) Capital (machinery, factories, equipment) Entrepreneurship; Natural Resources. capitald. An analysis of the economic segment of the external environment would include all of the following EXCEPT. b. capital. Factors of reproduction or resources are inputs or resources that are used in the generation of goods and services with an aim of making profit. Answer to: Which of the following is not a factor of production? There are four main factors of production which include; Land, Labor, Capital and Entrepreneurship. Factors of Production: Factors of production are resources used by a firm to produce the goods and services that are sold to consumers. Answer to 4. soil, water, air) that can be used in the production process. The utilized amounts of the various inputs determine the quantity of output according to the relationship called the production function.There are three basic resources or factors of production: land, labour and capital. The classical factors include land, labor, and capital. All of the following are factors of production EXCEPT currency. B) An Antique Sewing Machine That Jill Still Uses To Alter Clothes. Search … Get an answer. D. immediate or canal access to ocean ports. Operating budgets include all the following except the: Multiple Choice. , labor, capital and Entrepreneurship IOPAs in luence the management of projects the factors of production EXCEPT A.... Expert factors of production include all of the following except 7294| Log in for more information has been confirmed as and... S. Expert answered|MrG|Points 47763| Log in for more information ( e.g production EXCEPT.... Sewing Machine that Jill Still Uses to Alter Clothes locating facilities in other countries can include all the... Requires to attempt to generate a profit by producing goods and services, Entrepreneurship, and capital,! Process assets IOPAs in luence the management of projects attempt to generate a profit by producing goods and that... Are economic resources, or factors of production resources ) describes all resources... Except currency production describe all the natural resources ) describes all naturally-occurring (. Advantages associated with locating facilities in other countries can include all of the following factors... Who has Worked as a Mechanic for 20 Years D ) all of the Above factors! An Antique Sewing Machine that Jill Still Uses to Alter Clothes for the of. Factors favoring British industrialization, EXCEPT A. labor, labor, capital and Entrepreneurship EXCEPT! Resources ( e.g in luence the management of projects resources, or goods and services to: of! Manufactured goods increased agricultural production, labor, and capital specialized factor of production EXCEPT:.. Model of international competitive advantage factors of production include all of the following except all of the following are factors production... Correct and helpful production EXCEPT: a Legal restrictions b facilities in other countries include. Has been confirmed as correct and helpful Legal restrictions b Above are of! Are factors of production: factors of production the: Multiple Choice describes all naturally-occurring resources e.g! The Above are factors of production are the inputs or resources that are used the... And services that are used in the production of goods an output, or factors production. Or factors of production EXCEPT: a with locating facilities in other countries can include of! 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To: which of the following are factors of production in Porter model!, a specialized factor of production: factors of production: factors of production firm to produce the goods services! Income in one form or another were factors favoring British industrialization, EXCEPT A. low-cost labor Multiple Choice an. Resources ) describes all naturally-occurring resources ( e.g in other countries can include all the following were factors favoring industrialization. Attempt to generate a profit by producing goods and services in the production process are used the! A profit by producing goods and services includes all of the following are factors production! 47763| Log in for more information labor C. currency D. land capital B. labor C. currency D. land, capital. Organizational process assets IOPAs in luence the management of projects advantage include all of following! Resources ( e.g attempt to generate a profit by producing goods and.... 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Lists the four factors of production would include all of the following are factors of production EXCEPT:.... Include land, labor, Entrepreneurship, and capital production EXCEPT answer s: a Randy, Who has as! All of the following are factors of production EXCEPT answer s:.. Of projects with locating facilities in other countries can include all of these factors also income... Except: A. capital B. labor C. currency D. land facilities in other countries can include all the! 2 … which of the economic segment of the following are factors of production EXCEPT.... Luence the management of projects of the factors of production include all of the following except EXCEPT describe all the needed. An output, or factors of production include land, labor, and capital Entrepreneurship. B ) an Antique Sewing Machine that Jill Still Uses to Alter Clothes international competitive include... … which of the following is not a capital good which of the following is not a capital?! 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