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Stolb23 [73]
3 years ago
14

The factors of production include natural resources, labor, government assistance, and entrepreneurship.

Business
2 answers:
babymother [125]3 years ago
5 0

The answer is false because government assistance is not a factor of production.

noname [10]3 years ago
4 0
<span>The answer is True. The four factors mainly used for production is, Land(means natural resources and technology), labor(working people for dedication to work), capitol(investment and government assistance totally that represent services) and entrepreneurship(the activity of setting up a business).</span>
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Direct material used= $102,000

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<u>First, we need to calculate the cost of direct material used:</u>

Direct material used= beginning inventory + purchases - ending inventory

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<u>Now, the cost of goods manufactured:</u>

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