Everything is made up of the four factors of production.  Look at the shirt you have on right now.  List the four factors of production and give a specific example of each which might have been used in the production of your shirt.  You have to be specific with each factor. You cannot say "resources" or "land".

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter2: Scarcity And Opportunity Costs
Section: Chapter Questions
Problem 14E
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Everything is made up of the four factors of production.  Look at the shirt you have on right now.  List the four factors of production and give a specific example of each which might have been used in the production of your shirt.  You have to be specific with each factor. You cannot say "resources" or "land".

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