We appreciate your visit to An example of a factor of production is A a car produced by an auto manufacturer B a worker hired by an auto manufacturer C. This page offers clear insights and highlights the essential aspects of the topic. Our goal is to provide a helpful and engaging learning experience. Explore the content and find the answers you need!
Answer :
Final answer:
The best example of a factor of production in the provided options is a worker hired by an auto manufacturer, representing the labor factor of production.
Explanation:
An example of a factor of production in the given options is option B. a worker hired by an auto manufacturer. Factors of production are resources used in the process of producing goods and services. They include labor (workers), capital (machinery and equipment), and natural resources (land, raw materials).
In this instance, a worker hired by an auto manufacturer represents labor, which is one of the fundamental factors of production. Workers provide the manual input, skills, and expertise required to produce goods such as automobiles.
Learn more about factor of production
brainly.com/question/35916340
#SPJ11
Thanks for taking the time to read An example of a factor of production is A a car produced by an auto manufacturer B a worker hired by an auto manufacturer C. We hope the insights shared have been valuable and enhanced your understanding of the topic. Don�t hesitate to browse our website for more informative and engaging content!
- Why do Businesses Exist Why does Starbucks Exist What Service does Starbucks Provide Really what is their product.
- The pattern of numbers below is an arithmetic sequence tex 14 24 34 44 54 ldots tex Which statement describes the recursive function used to..
- Morgan felt the need to streamline Edison Electric What changes did Morgan make.
Rewritten by : Barada
