Theory of production questions | form five Economics

(3071) Question Category: Long answers

Distinguish “Production in economics” from “Production in general usage” . Discuss the different aspects of the statement that a national may be living on its capital.

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(3073) Question Category: Long answers

  1. Define factors of production
  2. Classify the factors of production

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(3075) Question Category: Long answers

Outline the advantages and disadvantages of capitalist production.

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(3076) Question Category: Short answers

  1. Production to the economists is different from production to the general public. Explain
  2. When is a nation said to be living on its capital?

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UNSOLVED

(3077) Question Category: Short answers

  1. What is capital consumption?
  2. Outline the probable causes of capital consumption.

Answer / Solution

UNSOLVED


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