The three primary factors of production areGroup of answer choicesrevenue, profits, and costs.price, quantity, and profits.capital, interest, and savings.land, labor, and capital.labor, wages, and training.

What are the 4 factors of production?

What are factors of production? Briefly discuss them. 5 marks

3  Which statement about the factors of production is correct?1 pointA Capital includes man-made machines that do not keep their original value.B Enterprise is a natural factor of production that cannot be taught.C Labour is an immobile factor that does not change its skill level.D Land is only agricultural fields that cannot be improved by human effort.

Total factor productivity refers to: Group of answer choices factors of production other than the primary factors total production in the economy total production in the economy due to the primary factors of production all factors of production

Another term for factors of production isGroup of answer choicesoutputs.revenues.inputs.costs.profits.