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How do the Factors of Production Affect goods and services?

How do the Factors of Production Affect goods and services?. What economic steps go into the making of a ____?. A. What are the 4 Factors of Production? B. How do supply and demand affect them?. Book pages 103-104 Definition of factors of production – List and describe the 4 FofP 1.

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How do the Factors of Production Affect goods and services?

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  1. How do the Factors of Production Affect goods and services?

  2. What economic steps go into the making of a ____?

  3. A. What are the 4 Factors of Production? B. How do supply and demand affect them? Book pages 103-104 Definition of factors of production – List and describe the 4 FofP 1. 2. 3. 4. If the supply of natural resources is low and the demand is high, then……. If the demand for labor resources is high, then….. 4 Factors of Production (CN) BP#42

  4. 1. Natural resources Ex: Ex: 2. Capital Resources Ex: Ex: 3. Labor resources Ex: Ex: 4. Entrepreneur Ex: Ex: C. What are the 4 Factors of Production for a Lawn Care Business?

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