Answer:
the task is more intellectual and personal.
Explanation:
Factors of production can be defined as the fundamental building blocks used by individuals or business firms for the manufacturing of finished goods and services in order to meet the unending needs and requirements of their customers.
In Economics, there are four (4) main factors of production and these are;
I. Land.
II. Labor (working).
III. Capital resources.
IV. Entrepreneurship.
When these aforementioned factors of production are combined effectively and efficiently, they can be used for the manufacturing or production of goods and services to meet the unending requirements or needs of the consumers.
<em>Generally, the level of productivity of a business firm or an organization would increase when the inputs such as capital, raw materials, labour, etc., decreases while output such as finished products remain the same.</em>
However, it would be quite difficult for a business firm or an organization to experience increases in its level of productivity (output) if the task required to be executed is more personal and requires the use of intellect, knowledge and skills.
