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26 April, 03:24

Which of the following are necessary for production to take place?

O

A. The creation of shipping networks to distribute goods.

O

B. Market research to determine the level of demand.

O

C. Advertising to create demand.

O

D. The input of land, labor, and capital.

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Answers (1)
  1. 26 April, 04:22
    0
    D. The input of land, labor, and capital.

    Explanation:

    Production doesn't take place in the sky. There has to be a location and localization first of all, after which capital is employed to start a production process before advertisement and distribution of goods or services.
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