Economics 101 (#18) Markets for Factors of Production

Whenever you produce a good/service, you need a certain combination of each of the 4 factors of production (FOPs). Some are more labour intensive than others (such as manufacturing). Some are more land intensive (such as farming). Some are more enterprise intensive (such as new technology ideas i.e. IPods).

Heres the PDF PIIGSTY Econ 101 #18 Markets for FOPs

 

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