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Ownerships unit 1 > Factors Of Productuction > Flashcards

Factors Of Productuction Flashcards

1
Q

Factors of production

Adding value

A

Factors of production - land, Labour, capital, enterprise

Added value - the difference between the price of a finished product and the cost of materials used to make it

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Ownerships unit 1 (34 decks)

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