Introduction to Production and  Resource Use

Introduction to Production and Resource Use PowerPoint PPT Presentation


  • 223 Views
  • Updated On :
  • Presentation posted in: General

Conditions for Perfect Competition. Homogeneous productsNo barriers to entry or exitLarge number of sellersPerfect information. . Classification of Inputs. Land: includes renewable (forests) and non-renewable (minerals) resources.Labor: all owner and hired labor services, excluding management.Capital: manufactured goods such as fuel, chemicals, tractors and buildings.Management: production decisions designed to achieve a specific economic goal..

Related searches for Introduction to Production and Resource Use

Download Presentation

Introduction to Production and Resource Use

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


  • Login