In economics the term factors of production refers to all the resources required to produce goods and services. A paper company might need, among many other things, trees, water, a large factory full of heavy machinery, a warehouse, an office building, and delivery trucks. It might require a thousand workers to run the factory, take orders, market (or sell) the paper, and deliver it to wholesalers or retail stores. It might need thousands more resources of varying size and cost. Some of these items, such as workers’ skills, might be intangible. Together, these resources constitute the factors of production necessary for the paper company to do business.
The Great Lakes formed the greatest group of freshwater of freshwater groups in the world.
When white light falls on a blue surface, it reflects only blue and absorbs all other wavelengths.
its true
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Monopoly - the exclusive possession or control of the supply or trade in a commodity or service.interstate commerce- Interstate commerce refers to the purchase, sale or exchange of commodities, transportation of people, money or goods, and navigation of waters between different states.Cede-give up (power or territory
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