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Explain how you can use the factors of production to produce a fruit juice in a production company

Sagot :

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Answer:

The factors of production include Land, Labour, Capital and Enterpreneurship

Explanation:

The fruit could be apple, orange , pineapple etc which are usually grown on land . They are tended to by people to ensure there is maximum yield. These people provide the required labour needed.

The cost of planting and payment of workers usually comes from the capital which is often used in running the business by the owner which makes certain decisions to ensure the fruit company is in place. All these factors work hand in hand to ensure production of fruit in a production company is possible.

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