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30 October, 13:35

In the circular flow model, factors of production flow to firms. Which of the following are the primary factors of production? Check all that apply.

labor

capital

goods

land

services

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Answers (2)
  1. 30 October, 14:11
    0
    The answers are:

    - Labor, which includes all human resources that are necessary in order to sustain company; s operation

    - Capital. All the assets that could be used by company to accelerate company's operation

    - Land, an area that could either be used as the place of operation or to let it go up in value as an investment.
  2. 30 October, 16:45
    0
    Labor, Capital, Land
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Home » Business » In the circular flow model, factors of production flow to firms. Which of the following are the primary factors of production? Check all that apply. labor capital goods land services
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