How does an economy’s endowment of labor and capital effect how it produces goods?

cheaper labor means less capital, more capital means less labor More test answers on https://studyhippo.com/sleeman-midterm-1-wwu-econ-206/

the resources – including land, labor and capital- that are needed to produce goods and service

factors of productions More test answers on https://studyhippo.com/industrial-revolution-history-unit-5/

In association with labor and capital, Mill had contrasting views of

profit sharing. More test answers on https://studyhippo.com/business-ethics-1-3/

Land, labor and capital are often called

factors of production More test answers on https://studyhippo.com/social-studies-final-exam-review-ch-13/

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