secondary factors in classical economics because they are obtained from land, labour, and capital. The primary factors facilitate production but neither...

representation showing all the possible options of output for two goods that can be produced using all factors of production, where the given resources are fully...

classical factors of production (land, labour, and capital) as well as the general infrastructure and capital goods necessary to reproduce stable levels of productivity...

categorised as secondary factors as they are byproducts of land, labour and capital. Delving further, primary factors encompass all of the resourcing involved...

primary factors, which are stocks. Classically, the primary factors of production were land, labour and capital. Primary factors do not become part of the...

In economics, a factor market is a market where factors of production are bought and sold. Factor markets allocate factors of production, including land...

factors of production, and import the products which use the countries' relatively scarce factors. Relative endowments of the factors of production (land...

Factor income is the flow of income that is derived from the factors of production, i.e., the general inputs required to produce goods and services. Factor...

long run, there are only variable costs, because they control all factors of production. Fixed costs are not permanently fixed; they will change over time...

Factor cost or national income by type of income is a measure of national income or output based on the cost of factors of production, instead of market...