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Which are affected by the factors of production?
Choose three answers.
the demand of the item
the availability of the item
the cost of the item
the quality of the item
the popularity of the item

Sagot :

Answer:

the demand for the item

the availability of the item

the cost of the item

Explanation:

the cost of the item directly affects the demand and since the demand affects the amount of product there is, the availability is affected

The situation that are affected by the factors of production are:

  • availability of the item
  • cost of the item
  • quality of the item

What are the factors of production?

These refers to the inputs used to produce a good or service in order to produce income.

The factors of production includes Land, Labor, Capital and Entrepreneur.

These factors of production affected goods production internally and are not influenced by consumers.

Therefore, the Option B, C and D is correct.

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