Help with business question

Business & Finance
Tutor: None Selected Time limit: 1 Day

The four factors of production are Land, Labor, Capital, and Entrepreneurs. What is the importance of examining each of these when formulating a new product or service? 

May 26th, 2015

examining the factors of production is primarily due to the rate and quality of production (out put). also, the ability of a particular production factor to suit the new product or service.

May 26th, 2015

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May 26th, 2015
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May 26th, 2015
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