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Margaret [11]
3 years ago
14

Which of the three factors of production do you think is most important to economic success? Why?

Business
1 answer:
Viktor [21]3 years ago
6 0

if you mean capital, labour, land

then I would choose labour, as you can't have a company with no people, and new ideas to improve economic activity require human thought

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answer can be seen in the attached file

Explanation:

Consider the game in extensive form above. In the backward induction solution to this game Player 1 plays strategy and Player 2 plays strategy (Please, label Player 1's strategies by A, B, and C, and Player 2's strategies as df, dg, ef, and so forth)

What is Game Theory?

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Statement B

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