connerbiernat3702 connerbiernat3702
  • 08-08-2017
  • Business
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A telephone system in an office complex is an example of which factor of production?

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ahmedishaal ahmedishaal
  • 18-08-2017

A telephone system in an office complex is an example of capital factor of production because capital factor involves all man made resources.

The resources which are used by a company for producing goods and services are factors of production. These are the factors of production like land, labor, capital and entrepreneurship and all these factors are important in economy.

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