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Social Studies, 27.06.2019 13:00 Elency

Which statements correctly identify limitations of the factors of production? check all that apply. economies must consider their limitations when answering the three questions of economics. land is a factor of production that is limited only by the amount available. capital includes all money and physical facilities needed to create a product. labor is a factor driven by the size of the population, education, and standard of living. an economy can function well when producing outside its limitations.

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Which statements correctly identify limitations of the factors of production? check all that apply....

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