FACTOR OF PRODUCTION

FACTOR THAT DETERMINE PRODUCTION

FACTOR THAT determine production Caption

  1. Amount of Capital: The greater the capital available the higher the volume of production.
  2. Availability of raw materials: The more the more material available the greater the volume of production.
  3. Management: The management put in places for the production of good and service determined the volume efficient in management will increase the volume of production.
  4. Market: The size of market refer to the demand for the good product, the greater the demand for the good the greater demand and for greater the value produced.
  5. Storage Factor: Ware housing it can may lead to high of production.

 

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