Economics Microeconomics Cost Theory
What is an opportunity cost of cancellong cable?
What's a factor of production? Can you put it in simple words please?
http://www.investopedia.com/terms/f/factors-production.asp
answered by
Ms. Sue
9 years ago
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So it would be entrepreneurship right? (Business)
Entrepreneourship is ONE factor of production.
answered by
Ms. Sue
9 years ago
0
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Sorry, let me rephrase my question...
Cable would be entrepreneurship right?
Is a good or service something that us as people get?
Yes.
answered by
Ms. Sue
9 years ago
0
0
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